President Joe Biden has decided to prevent the $14.1 billion sale of U.S. Steel Corp. to Nippon Steel Corp., according to ...

U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with ...

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

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

Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion deal for the Japanese company to buy the American steelmaker.