In separate lawsuits filed Monday the steelmakers allege that the decision to prevent Nippon Steel's purchase of U.S. Steel was a political decision that had no rational legal basis.

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 ...

Domestic steel production is essential to U.S. security, Biden said. President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon ...

WASHINGTON (AP) — 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.

The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources saying the ...

WASHINGTON/TOKYO, Jan 3 (Reuters) - U.S. President Joe Biden blocked Nippon Steel's (5401.T), opens new tab proposed $14.9 billion purchase of U.S. Steel (X.N), opens new tab on Friday ...

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 ...

WASHINGTON − President Joe Biden on Friday blocked the sale of U.S. Steel to a Japanese buyer in an extraordinary use of presidential power he said protects an American industry vital to ...

President Joe Biden bowed to growing protectionist pressures in the United States and formally blocked a Japanese company’s proposed purchase of U.S. Steel, winning praise from the president’s ...

In this article, we are going to take a look at where United States Steel Corporation (NYSE:X) stands against other firms buck broader market optimism. Wall Street’s main indices finished in the ...