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

The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership ...

US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US ...

Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S.

Mr. Biden says he blocked the $14 billion takeover of U.S. Steel by Japan's Nippon Steel on the grounds the sale was a threat ...

The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the ...

In a joint statement, Nippon and U.S. Steel called Biden’s decision “a clear violation of due process and the law’’ and ...

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

By blocking the sale of U.S. Steel to Nippon Steel, President Joe Biden sold out American industry, workers and national ...

President Joe Biden last week capitulated to uneconomic thinking by blocking Nippon Steel’s purchase of U.S. Steel. That ...

The market responded quickly; the stock price of U.S. Steel dropped 6.5% after the disclosure. Analysts speculate the choice ...

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