President Biden is blocking U.S. Steel's merger with a Japanese company. But a new owner can't do worse by Gary than U.S. Steel already has.

US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US ...

U.S. Steel and the Japanese firm that had sought to acquire it are suing the Biden administration after the president ...

Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and ...

Last week, President Joe Biden blocked Japanese company Nippon Steel’s proposed acquisition of U.S. Steel, claiming the ...

Nippon Steel and US Steel have expressed their disappointment over the US Government’s decision to block their proposed ...

The companies accused steel-making rival Cleveland-Cliffs Inc. and its CEO, Lourenco Goncalves, of working with the Steelworkers union to block the deal.

U.S. Steel has said it needs the cash from Nippon Steel to keep investing in blast furnaces like the ones in Pennsylvania.

The lawsuit alleges that the Biden administration “ignored the rule of law” and rejected the merger to curry favor with the United Steelworkers union.

U.S. Steel said Monday that union corruption toppled the company’s overseas buyout and pressured regulators to ignore the law ...

Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion deal for the Japanese company to buy the American steelmaker.

US President Joe Biden has vetoed Nippon Steel's $14.9-billion takeover bid for its American rival, US Steel. Amid bipartisan ...