Blocking Nippon Steel from acquiring U.S. Steel lays the groundwork for a major consolidation of American steelmaking that will harm consumers and the economy.

United States Steel stock has dropped almost 25% in the last one year, compared to the S&P500 index which has gained 24% ...

The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.

If I am Donald Trump, how am I going to rebuild the military if I have less steel and steeper costs for steel imports than my ...

A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel, leaving the decision to the president.

U.S. Steel and Nippon Steel filed lawsuits on Monday over President Joe Biden's decision to stop the Japanese company's proposed nearly $15 billion takeover of its Pittsburgh-based rival.

The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics. By Alan Rappeport Alan Rappeport covers the Treasury Department. U.S. Steel and Japan’s ...

Nippon Steel and U.S. Steel sued President Joe Biden on Monday over his decision to bar them from joining forces, alleging that he had violated their constitutional rights to due process in a ...

The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden administration extended a ...

Here's more from the U.S. Court of Appeals complaint against the Biden administration. In dual lawsuits filed Monday, United States Steel Corp. and Nippon Steel Corp. blame the Biden ...

As he heads for the exit, however, one of Biden's final executive actions lays the groundwork for a massive consolidation of the American steel industry. In blocking U.S. Steel's acquisition by ...

WASHINGTON, Jan 6 (Reuters) - U.S. President Joe Biden unlawfully blocked Nippon Steel's (5401.T), opens new tab $14.9 billion bid for U.S. Steel (X.N), opens new tab through a sham national ...