BANGKOK (AP) — U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel on national security ...

U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a ...

The steel companies allege White House decision to black takeover was political and violated their right to due process.

Nippon and US Steel blasted Biden's decision, calling it a "clear violation of due process" and a political move, and saying ...

He may be putting them at risk instead. In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging ...

President Biden announced Friday that he is blocking the $15 billion proposal by Japan's Nippon Steel to buy U.S. Steel after a government panel recently failed to reach consensus on the possible ...

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 ...

Japan's Nippon Steel may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed ...

Domestic steel production is essential to U.S. security, Biden said. President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon ...

President Joe Biden controversially blocked the nearly $15 billion proposed acquisition of Pittsburgh-based US Steel by Japan’s Nippon Steel on Friday, honouring a commitment he had made on the ...

Justin Merriman / Bloomberg via Getty Images President Joe Biden on Friday blocked the proposed $14 billion acquisition of U.S. Steel by Japan's Nippon Steel. The companies in a joint statement ...

Jan 2 (Reuters) - The United Steelworkers union expressed concerns about Nippon Steel's (5401.T), opens new tab latest proposal that gives the U.S. government veto power over any potential ...