President Joe Biden's administration has extended a review of Nippon Steel's proposed takeover of US Steel, officials said Tuesday, effectively pushing the politically sensitive decision past ...

is asking to refile its bid to acquire US Steel, a person familiar with the decision told The Hill, a move that will put off ...

The decision means the deal’s fate ... Donald Trump opposing the Japanese group’s takeover as they court votes in Pennsylvania, where US Steel is headquartered. Biden had already privately ...

The extension would also push the decision until after the November elections ... Harris have opposed the $14.9 billion agreement. US Steel warned recently it could shut its Pennsylvania ...

Nippon Steel, who has a 50% stake in a steel processing joint venture, has offered to sell its stake in the US state of ...

White House officials are signaling that President Biden will not imminently move to block Nippon Steel’s bid to acquire US Steel amid ... indicated that such a decision is unlikely in the ...

United States Steel Corp. surged the most ... move to block Nippon Steel Corp.’s takeover bid. While Biden remains opposed to the deal, a decision on blocking it is unlikely in the short term ...

But after vocal opposition to the idea, White House officials have now indicated that such a decision ... Steel being owned by a foreign firm. “The president’s position is that it is vital for ...