By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden says he is protecting good jobs in the American ...

Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed ...

In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker ... U.S. Steel’s aging blast furnace operations in Gary, Indiana, and Pennsylvania’s Mon Valley.

U.S. Steel and Nippon Steel on Monday filed a lawsuit against the U.S. government over President Joe Biden’s order blocking the sale of the Pittsburgh-based steel company to the Japanese firm. The ...

Nippon Steel had promised to invest $2.7 billion in U.S. Steel's aging blast furnace operations in Gary, Indiana, and Pennsylvania's Mon Valley. It also vowed not to reduce production capacity in ...

Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...

The sale was opposed by the United Steelworkers International union, a powerful labor group that had continually urged Biden, ...

A major deal in the steel industry hit a major roadblock Friday after President Joe Biden blocked Japanese-based company ...

The suit, filed Monday in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision ...