Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon's ...

The lawsuit alleges that the Biden administration “ignored the rule of law” and rejected the merger to curry favor with the ...

The lawsuit, filed in a federal court in Washington, accused Biden and senior administration officials of corrupting the deal ...

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

There are two separate lawsuits, including one against rival Cleveland-Cliffs and the president of United Steelworkers.

US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US ...

Cliffs, which made a failed $7 billion bid for US Steel in August 2023, participated in at least nine calls assuring ...

Investors appeared to have entered the new year with cautious footing, with uncertainties around future Fed rate cuts and ...

U.S. Steel employs thousands across its plants and offices in Pennsylvania and the state has about 10% of the nation’s steelworkers.

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

The U.S. National Transportation Safety Board said it was leading a team of American investigators—including representatives ...

Kentucky men’s basketball coach Mark Pope talked to the media on Thursday, January 2, 2025 as the 10th-ranked Wildcats ...