Japan Prime Minister Shigeru Ishiba asked US President Joe Biden to allay concerns in the Japanese and US business communities over his order to block Nippon Steel’s planned acquisition of U.S ...

Another development in the U.S. Steel/Nippon Steel merger. There has been an extension granted, related to the President’s decision to block it. U.S. Steel sent a statement, saying ...

Allegheny County at-large Councilman Sam DeMarco, a Republican, is for the sale to Nippon, telling the Washington Examiner that he is very disappointed to see Biden block the Nippon Steel-U.S ...

US Steel and Japan’s Nippon Steel on Monday sued President Biden after he moved to block their $14 billion merger. AP “Nippon Steel and US Steel are entitled to a fair process and have been ...

Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.

Jan. 6 (UPI) --U.S. Steel and Nippon Steel said on Monday that it is suing over President Joe Biden's decision to block its sales agreement and a domestic competitor and union over their actions ...

U.S. Steel, Nippon Sue Biden Administration Over Decision to Block Merger By Alexandra Alper, Aatreyee Dasgupta and Yuka Obayashi WASHINGTON (Reuters) -U.S. President Joe Biden unlawfully blocked ...

The outgoing US president blocked the proposed acquisition last week, citing national security threats. The two steel giants said the move was "political." The beleaguered US Steel and Japanese ...

CFIUS normally approves a deal or recommends the president block it, but in rare cases, it refers them to the president, as it did with the Nippon Steel deal on Dec. 23, setting the stage for ...

had a right to see and rebut certain evidence that was used to block the transaction. The Obama administration and the company ultimately settled the lawsuit. The legal challenge by U.S. Steel and ...

Biden's Decision to Block Nippon Steel Takeover Creates Uncertainty for U.S. Steel Workers WASHINGTON (AP) — By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said ...