By Nantoo Banerjee Unbelievable but true. The government of the United States of America, supposedly the vanguard of modern ...

Joe Biden’s decision to block Nippon Steel’s acquisiton of U.S. Steel may have gone against the advice of top aides.

Citing national security concerns, President Joe Biden has blocked the sale of U.S. Steel to Japanese-based Nippon Steel ...

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 ...

By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead.

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

Even as Nippon Steel faced skepticism of its doomed $14.9 billion bid for U.S. Steel from the Biden administration, it was also contending with headwinds from an unlikely source: the CEO of a rival ...

Livelsberger mostly bore that burden in private but recently sought treatment for depression from the Army, according to a ...

In a joint statement, Nippon and U.S. Steel called Biden’s decision “a clear violation of due process and the law'' and ...

President Joe Biden announced he was blocking the purchase of U.S. Steel by Japanese steelmaker Nippon Steel on dubious ...

US President Joe Biden's blocking of Nippon Steel's proposed acquisition of US Steel is likely to be challenged in court, and ...