The suit, filed in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision and ...

By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden says he is protecting good jobs in the American ...

Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed acquisition and ...

Japanese steelmaker Nippon Steel does not intend to give up the idea of ​​doing business in the United States (US) and ...

WASHINGTON—Nippon Steel and US Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon’s proposed $15 billion acquisition of the Pittsburgh company and said ...

US President Joe Biden's blocking of Nippon Steel's proposed acquisition of US Steel is likely to be challenged in court, and ...

The United States Steel logo is pictured outside the headquarters building in downtown Pittsburgh, April 26, 2010. Credit: AP/Gene J. Puskar But foreign competition — from Japan in the 1970s and ...

Reportedly, Nippon Steel is set to file a lawsuit in response to United States President Joe Biden blocking the Japanese ...

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024. [REUTERS/Issei Kato] United States President Joe Biden announced on Friday his decision to ...

The Committee on Foreign Investment in the United States, known as CFIUS ... Steel's flagging fortunes “through a series of ...

FILE PHOTO: Nippon Steel logo is displayed at the ... a US-allied country contemplating significant investment in the United States," the companies jointly vowed to take all appropriate action ...

"The workers I have met are proud to wear the U.S. Steel logo and passionate about delivering ... to ship slabs from across the world to the United States. We believe steel is a local business ...