President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.

Automakers' lobbying groups indicated support for the acquisition under the belief it would've increased supply and offered ...

In blocking the sale to Nippon Steel, Biden said U.S. Steel "will remain a proud American company – one that’s American-owned ...

Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said ...

Manufacturers needed steel for household appliances ... This is a portion of US Steel's Edgar Thomson Works in Braddock, Pa., on Sunday, Apr., 28, 2024. Credit: AP/Gene J. Puskar During the ...

Japanese manufacturer Nippon Steel and US Steel have filed a lawsuit challenging US President Joe Biden's decision to block ...

President Joe Biden’s decision to thwart a Japanese firm from buying U.S. Steel doesn’t pen an obituary for the ...

Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and ...

President Biden blocked Nippon Steel's (NPSCY, 5401.T) $14.9 billion bid for US Steel (X) on Friday, even after the Japan-based company submitted a new buyout proposal to the US administration ...

NEW YORK, Jan 8 (Reuters Breakingviews) - A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel (X.N), opens new tab and suitor Nippon ...

President Joe Biden blocked the $14.9 billion sale of U.S. Steel to Japanese-based Nippon Steel, citing concerns over ...