Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration's decision to block a proposed ...

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

By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead. In making its nearly ...

Steel producer appoints Jane Cronin, an executive with paint company Sherwin-Williams, to its board of directors.

The company still needs investment badly, and it isn’t clear what game of opportunity and survival is being played at the top ...

By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead.

WASHINGTON | Xinhua | U.S. President Joe Biden on Friday blocked Japan’s Nippon Steel’s proposed acquisition of U.S. Steel, citing national security concerns — a decision that economists say could ...

Analysts say the decision to nix the deal could harm US Steel’s prospects and put the jobs of workers at risk.