A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...

Both Biden and President-elect Donald Trump have courted unionized workers at U.S. Steel and vowed to block the acquisition amid concerns about foreign ownership of a flagship American company.

U.S. Treasury Secretary Janet Yellen said on Wednesday that Nippon Steel's blocked acquisition of U.S. Steel received a ...

President-elect Trump has also opposed Nippon Steel's $15 billion acquisition of U.S. Steel, which President Biden blocked ...

Biden says he blocked the $14 billion takeover of U.S. Steel by Nippon Steel on the grounds the sale was a threat to national ...

The critics’ focus on politics reflects that they are flat wrong on the merits. If the merger went through, it could leave ...

Blocking Nippon Steel from acquiring U.S. Steel lays the groundwork for a major consolidation of American steelmaking that ...

The Japanese firm’s planned purchase of its U.S. rival was blocked last week by President Joe Biden after a year of ...

The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham ...

Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said ...

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