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

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

Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion ...

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 ...

Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed ...

This is a portion of US Steel's Edgar Thomson Works in Braddock, Pa., on Sunday, Apr., 28, 2024. Credit: AP/Gene J. Puskar ...

US Secretary of State Antony Blinken insisted during a visit to Tokyo on Tuesday that ties with Japan were stronger than ever ...

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

Many in Japan see the decision as a betrayal by Washington after decades of U.S. pressure to lift barriers to investment and trade.

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

The suit, filed Monday in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision ...

Velan shares gained after the industrial steel valves manufacturer said it made agreements to divest assets and liabilities. Shares were 29% higher, at 15.16 Canadian dollars (US$10.57), late ...