By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American ...

Presidential block of $15B steel merger sparks controversy over national security and U.S.-Japan trade relations.

U.S. stock indexes edge higher as Big Tech gains offset weakness in other sectors ahead of Christmas holiday. (AP/Peter ...

Nippon Steel (OTCPK:NPSCY) alleged that the Biden administration had "impermissible undue influence" over a national security review of its more than $14 billion planned acquisition of US Steel ...

WASHINGTON (Reuters) -Nippon Steel alleges the White House had "impermissible undue influence" over a national security review of its $14.9 billion bid for U.S. Steel and threatened legal action ...

WASHINGTON :Despite a steady stream of meetings and calls with U.S. officials, and three revamped proposals to assuage national security concerns, Nippon Steel has failed to garner approval from a ...

Reuters has reported that a plan by Nippon Steel to acquire US Steel is on track to be blocked. The news agency said on Wednesday a committee reviewing the deal has not come to a consensus to ...

Australia’s Champion Iron said on Thursday Japanese steelmaker Nippon Steel and trading house Sojitz will buy a 49% stake in the company’s Kami project in Canada for C$245 million ($170.41 ...

President Biden’s insistence that blocking the U.S. Steel--Nippon Steel merger would be beneficial for U.S. security and the career prospects of U.S. Steelworkers reflect a fundamental ...

Nippon Steel is ... $2.7 billion into U.S. Steel's operations, including nearly $1 billion in Gary Works. "The workers I have met are proud to wear the U.S. Steel logo and passionate about ...

TOKYO: Nippon Steel Corp had high hopes for the US$14.1bil takeover of United States Steel Corp. But with the deal now likely to unravel, the biggest Japanese steelmaker will be forced to consider ...