The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it ...

President Joe Biden last week capitulated to uneconomic thinking by blocking Nippon Steel’s purchase of U.S. Steel. That decision will ultimately harm Minnesota’s Iron Range. U.S. Steel operates two ...

Nippon Steel is poised to expand its operations in the U.S. and India as it hunts for growth and protection from cheap ...

The lawsuit, filed in a federal court in Washington, accused Biden and senior administration officials of corrupting the deal ...

Pittsburgh is a steel town. Pennsylvania is forged from coal and coke and iron. Maps are peppered with the words “furnace” and “mills.” The history of metal production in the Keystone State began in ...

US President Joe Biden has blocked the takeover of US Steel by a bigger Japanese firm, delivering on a political promise ...

US President Joe Biden announced on Friday his decision to block a USD 14.3 billion acquisition of US Steel by Japan Nippon Steel, a significant exercise of e ...

President Joe Biden, citing national security concerns, on Friday blocked Nippon’s acquisition of U.S. Steel, an important ...

The Committee on Foreign Investment in the United States (CFIUS) spent months reviewing the deal for national security risks but referred the decision to Biden in December, after failing to reach ...

President Joe Biden on Friday announced his decision to block the $14 billion sale of U.S. Steel to Japan’s Nippon Steel, ...

President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel — something he had first vowed ...

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of U.S. Steel by Japan’s Nippon Steel, marking a ...