A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...

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

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

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

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

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

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 ...

The president-elect’s opposition to the deal undermines his claims to helping the working-class voters who elected him.

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

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

Production operations at US Steel. The US government announced it has blocked the proposed US$14bn takeover of US Steel Corporation by Japan’s Nippon Steel Corporation, just weeks before the ...

The companies alleged that Goncalves, in collusion with McCall, manoeuvred to prevent any party other than Cleveland-Cliffs from acquiring US Steel and to damage the Pittsburgh manufacturer's ...