The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham ...

U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their ...

The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...

TOKYO -- Nippon Steel's plan to buy U.S. Steel has entered a new phase with the companies' declaration of a full-scale legal ...

Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, ...

President Biden blocked Nippon Steel's acquisition of U.S. Steel citing national security concerns, a rationale which has drawn criticism from the companies and other observers.

President Joe Biden has reportedly decided to block Nippon Steel’s proposed $15 billion acquisition of US Steel, according to ...

US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US government Monday, claiming Biden’s executive order to bar the companies ...

President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based ...

The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once iconic American company.

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his ...

Nippon Steel, Japan's largest steelmaker, and US Steel announced plans for an unopposed takeover in December 2023, putting the value of the transaction at around $14.9 billion. US union ...