The proposed deal kicked up an election year political maelstrom across America’s industrial heartland and quickly drew vows ...

U.S. Steel shares are jumping in premarket trading Monday after the U.S. government extended until June from next month a deadline for Nippon Steel to abandon its planned $14.1 billion acquisition of ...

Nippon Steel — or any foreign steel firm — would be welcome to invest in the United States to create new steel or ore mining production capacity. Why does it matter that the U.S. maintains ...

FILE - A staff enters doorway next to Nippon Steel logo at the company's Kashima Plant in Kashima, Japan on Friday, Dec. 6, 2024. (AP Photo/Ayaka McGill, File) FILE - A staff enters doorway next ...

TOKYO (AP) — Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said Tuesday after President Joe Biden’s blocked the top ...

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

The Biden administration’s decision to torpedo the acquisition of U.S. Steel has triggered multiple lawsuits and backlash from Japan. President Joe Biden blocked a nearly $15 billion offer from ...

“Today’s legal actions demonstrate Nippon Steel’s and U.S. Steel’s continued commitment to completing the transaction.” U.S. Steel shares rose 4% as of 7:25 a.m. in pre-market trading in ...

Nippon Steel and U.S. Steel filed a federal lawsuit challenging the Biden administration's decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel..

WASHINGTON (AP) — Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon’s proposed $15 billion acquisition of the Pittsburgh ...