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, ...

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

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 ...

The president has long opposed the sale to Japan’s Nippon Steel. President Joe Biden formally blocked a proposed $14.9 billion takeover of U.S. Steel by a Japanese company, the White House ...

US PRESIDENT Joe Biden has decided to officially block Nippon Steel’s proposed US$14.9-billion purchase of US Steel, the Washington Post reported, putting an end to a long-running and contentious ...

U.S. President Joe Biden has decided to officially block Nippon Steel's proposed purchase of U.S. Steel, Washington Post reported on Thursday, citing two administration officials who were not ...

President Joe Biden has decided to block the $14.1 billion sale of United States Steel to Japan's Nippon Steel, according to three people with knowledge of the matter. Michael Shepard reports on ...

Good morning. President Joe Biden has decided to block the sale of US Steel to Japan’s Nippon Steel. Take a peek at the 2024 returns of the biggest hedge funds. And Luke Littler goes through to ...

The president of the United States, Joe Biden, has blocked the sale of steel giant US Steel to Japan's Nippon Steel, scuppering a $14,1 billion deal for national security reasons. The White House made ...

President Biden blocked the $14 billion takeover of U.S. Steel by Nippon Steel of Japan in an announcement on Friday based on grounds that the sale posed a threat to national security. The ...