U.S. Steel and its would-be Japanese suitor Nippon Steel have gone to court to defend their $15 billion merger, after President Biden on Friday moved to block the deal, citing national security ...

In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary ...

The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse. By Danielle Kaye and Lauren Hirsch A possible new ...

Local steelworkers are holding out hope that the U.S. Steel sale with Nippon Steel goes through. This week Cleveland Cliffs CEO Lourence Goncalves offered to buy the Steel giant. The offer comes ...

The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks. By Santul Nerkar For more than a year, U.S ...

President Biden made a mistake blocking the U.S. Steel-Nippon merger. The onus is now on the courts to recognize this error and ensure the continued credibility of ...

President Biden's decision to block Nippon Steel's proposed acquisition of U.S. Steel for $14 billion was based on national security concerns – a rationale that has sparked pushback. Biden ...

U.S. Steel and Nippon Steel filed lawsuits on Monday over President Joe Biden's decision to stop the Japanese company's proposed nearly $15 billion takeover of its Pittsburgh-based rival.

Nippon Steel's $15 billion bid to acquire U.S. Steel, now blocked, underscores the pivotal role local politics can play in cross-border deals. By uniting political opposites Donald Trump and Joe ...

As he heads for the exit, however, one of Biden's final executive actions lays the groundwork for a massive consolidation of the American steel industry. In blocking U.S. Steel's acquisition by ...

Allegations of Min's poaching attempts surfaced Thursday ... while still serving as a director might violate corporate regulation. Park also revealed in the interview that Min used disparaging ...

Nippon Steel and U.S. Steel filed a federal lawsuit challenging a Biden administration decision to block Nippon’s proposed $15 billion acquisition of the Pittsburgh company and said that the ...