Cliffs, which made a failed $7 billion bid for US Steel in August 2023, participated in at least nine calls assuring ...

Even as Nippon Steel faced skepticism of its doomed $14.9 billion bid for U.S. Steel from the Biden administration, it was also contending with headwinds from an unlikely source: the CEO of a rival ...

Amazon founder Jeff Bezos has had a contentious relationship with Donald Trump in the Washington Post. But things appear to ...

In a statement Biden said, “As a committee of national security and trade experts across the executive branch determined, this acquisition would place one of America’s largest steel producers under ...

On Friday, President Biden blocked the sale of U.S. Steel to the Japanese company Nippon Steel. Biden justified the decision by saying the deal jeopardized nat ...

Nippon Steel and U.S. Steel, in the joint statement, say they’re “dismayed by President Biden’s decision” and vow to “take ...

The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in ...

The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once ...

U.S. Steel’s president and CEO declared President Biden’s decision to block the company from being acquired by the Japanese ...

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

A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel, leaving the decision to the president.