The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it ...

Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S.

The critics’ focus on politics reflects that they are flat wrong on the merits. If the merger went through, it could leave ...

While such orders have often been issued targeting Chinese companies in the past, this is reportedly the first time for a Japanese company to be targeted.

By Nantoo Banerjee Unbelievable but true. The government of the United States of America, supposedly the vanguard of modern ...

WASHINGTON (AP) — President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the ...

President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his vow in March to block the acquisition.

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

Japan’s Nippon Steel had proposed $14.9 billion for US Steel. Getty Share WASHINGTON — President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to ...