Nippon Steel Corporation and U.S. Steel on Monday filed a federal lawsuit challenging the Biden administration's decision to block Nippon's proposed $15 billion acquisition of the Pittsburgh-based ...

WASHINGTON (AP) — By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead. In ...

The buyout of U.S. Steel by the global company Nippon Steel has become controversial because Nippon Steel is a Japanese company. Ironically, the E.U. has no concerns about the merger while American ...

Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion deal for the Japanese company to buy the American steelmaker. The lawsuit, ...

(Bloomberg) -- US President Joe Biden is preparing to block Nippon Steel Corp.’s $14.1 billion takeover of United States Steel Corp., according to people familiar with the matter. But US Steel, ...