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, ...

President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...

with Republican President-elect Donald Trump and incoming vice president JD Vance also campaigning against the sale. "This acquisition would place one of America's largest steel producers under ...

The president has long opposed the sale to Japan’s Nippon Steel. President Joe Biden formally blocked a proposed $14.9 billion takeover of U.S. Steel by a Japanese company, the White House ...

US PRESIDENT Joe Biden has decided to officially block Nippon Steel’s proposed US$14.9-billion purchase of US Steel, the Washington Post reported, putting an end to a long-running and contentious ...

U.S. President Joe Biden has decided to officially block Nippon Steel's proposed purchase of U.S. Steel, Washington Post reported on Thursday, citing two administration officials who were not ...

President Joe Biden has decided to block the $14.1 billion sale of United States Steel to Japan's Nippon Steel, according to three people with knowledge of the matter. Michael Shepard reports on ...

Update: President Biden announced Friday morning he is blocking the U.S. Steel-Nippon Steel deal "to ensure that, now and long into the future, America has a strong domestically owned and operated ...

President Joe Biden’s decision Friday to block the sale of U.S. Steel to a Japanese rival has ignited an imminent legal challenge, alarmed foreign investors and cast a shadow over the careers of ...