The Biden administration’s blocking of Nippon Steel’s acquisition of U.S. Steel isn’t only misguided. It has also rattled ...

By David Brunnstrom, Simon Lewis, Trevor Hunnicutt and Tim Kelly TOKYO/WASHINGTON (Reuters) -The foreign ministers of Japan ...

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

The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of ...

US Secretary of State Antony Blinken insisted during a visit to Tokyo on Tuesday that ties with Japan were stronger than ever ...

US Steel and Nippon Steel threatened legal action Friday after President Joe Biden blocked a controversial $14.9 billion deal ...

We need major U.S. companies representing the major share of US steelmaking capacity to keep leading the fight on behalf of ...

Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...

U.S. Steel and its would-be Japanese suitor filed twin lawsuits Monday to defend their $15 billion merger. President Biden issued an order on Friday to block the deal, citing national security ...

President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon Steel, saying domestically produced steel is essential to U.S. national ...

Image A Nippon Steel factory in Japan. As part of the bid, the company offered a large premium on U.S. Steel shares and promised to invest billions in its plants.Credit...Richard A. Brooks/Agence ...

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his ...