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US Steel has gone to court to salvage its sale to a Japanese steelmaker. President Biden moved to block that sale last week, citing national security concerns. U.S. Steel is going to court to try ...

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Biden said he blocked the $14 billion takeover of U.S. Steel by Japan's Nippon Steel on the grounds the sale was a threat to national security. "It is my solemn responsibility as president to ...

and U.S. Steel's union for working together to illegally nix the sale. That federal lawsuit was filed in the Western District of Pennsylvania. "Today's legal actions demonstrate Nippon Steel's and ...

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President Biden’s decision to block the sale of United States Steel to the Japanese company Nippon Steel is a “back to the future” moment in American politics. The move is a victory for ...

Nippon Steel and U.S. Steel blasted President Joe Biden in a joint statement on Friday for blocking a deal between the two companies. AFP Nippon Steel and U.S. Steel hit back at President Joe ...

A second lawsuit targets the international president of the steelworkers union, David McCall, and a rival steelmaking company, Cleveland Cliffs, which had made its own offer for U.S. Steel. That suit, ...

U.S. Steel had also said it hoped Biden would approve the transaction. Nippon Steel first announced in December 2023 that it planned to purchase U.S. Steel for roughly $15 billion.