US Steel has gone to court to salvage its sale to a Japanese steelmaker. President Biden moved to block that sale last week, citing national security concerns. U.S. Steel is going to court to try ...

That suit, filed in federal court in Pennsylvania, says the opponents tried to scuttle the sale in order to monopolize the domestic steel market. Sponsor Message "We remain confident that the ...

SO WE’LL BE WATCHING U.S. STEEL’S FUTURE DECISIONS CLOSELY. ROBICHAUX TELLS ME THIS DEAL COULD STILL GO THROUGH IF A COURT OVERTURNS THE DECISION, BU On Friday, President Joe Biden blocked the $14.9 ...

WHEN ASKED IF U.S. STEEL CAN REMAIN COMPETITIVE WITHOUT A SALE, MCCALL SAID THIS STEELWORKERS IN AMERICA ARE THE MOST PRODUCTIVE STEEL WORKERS IN THE WORLD, SO WE CAN COMPETE WITH ANYBODY.

Biden said he blocked the $14 billion takeover of U.S. Steel by Japan's Nippon Steel on the grounds the sale was a threat to national security. "It is my solemn responsibility as president to ...

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 ...

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 ...

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, ...

and U.S. Steel's union for working together to illegally nix the sale. That federal lawsuit was filed in the Western District of Pennsylvania. "Today's legal actions demonstrate Nippon Steel's and ...