GARY, Ind. - Nippon Steel Corp. of Japan and U.S. Steel announced plans to pursue legal action after President Joe Biden blocked their nearly $15 billion acquisition agreement. The president followed ...

The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership ...

President Joe Biden's decision to block Nippon Steel's $14.9 billion acquisition of U.S. Steel had been telegraphed ...

Steel was a defining technology of the industrial age, and President Joe Biden made it his goal to bring that back, even as industries like robotics take over.

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

By SANDRA BRAND Times Editor President Joe Biden announced this morning he has blocked the $14.1 billion sale of U.S. Steel to Japan's Nippon Steel. The President said his decision is based on ...

U.S. President Joe Biden said on Friday he would block Japanese company Nippon Steel's $14.9 billion buyout of U.S. Steel, ...

President Joe Biden is expected to block a $15bn deal by Japan’s Nippon Steel to buy US Steel, ending months of frantic ...

Nippon Steel continues to push for presidential support of its proposed $14.9 billion purchase of U.S. Steel, despite concerns that such a deal could lower American steel production and create a ...

Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...

Nippon Steel said in an 11th-hour appeal to U.S. Steel employees that it would protect integrated steel mills and union jobs.

When Nippon Steel's winning $55-a-share cash bid for United States Steel Corp. was announced Dec. 18, 2023, both companies ...