Japan’s largest steel maker, Nippon, 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 a decision on approving the deal ...

🆕White House officials signal a delay in the U.S. Steel takeover decision, indicating that such a decision is unlikely in the short term and may not be made until after the 2024 presidential ...

Ad Policy US Steel’s Coke Works facility in Clairton, Pennsylvania, on September 9, 2024. (Justin Merriman / Bloomberg via Getty Images) On Friday, President Joe Biden announced his decision to ...

President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security ...

The U.S. Steel Granite City plant, pictured here Wednesday, Sept. 20, 2023, is among the facilities facing uncertainty after President Joe Biden blocked Nippon Steel’s proposed takeover of the ...

Control over special powers reverts to the Treasury Department and the Commerce Department when anyone else is president.

White House officials are signaling that President Biden will not imminently move to block Nippon Steel’s bid to acquire US Steel amid mounting concerns over the political and economic ...

An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the Pittsburgh-based company.

The US government has extended its national security review of Nippon Steel’s proposed $15bn acquisition of US Steel, in a surprise move given that the deal has been opposed by President Joe ...

United States Steel Corp. surged the most this year after The Washington Post reported that President Joe Biden wouldn’t immediately move to block Nippon Steel Corp.’s takeover bid.