President Biden blocked Nippon Steel's acquisition of U.S. Steel despite advisors' concerns about national security and legal repercussions.

Another Joe from Delaware—the one finishing up his final days in the White House—apparently sees himself in the same light, having stepped in to nix a $15 billion deal between U.S. Steel and Japan’s Nippon Steel.

This is a developing story. Check back for updates. Cleveland Cliffs is partnering with rival Nucor in a potential bid for U.S. Steel, whose takeover by Japan's Nippon Steel was just blocked by the White House earlier this month,

President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.

Joe Biden’s decision to block Nippon Steel’s acquisiton of U.S. Steel may have gone against the advice of top aides.

Nippon Steel Corp. and United States Steel Corp. jointly filed lawsuits in a last-ditch effort to preserve the planned merger of the companies, which was blocked last week by President Joe Biden.

WASHINGTON--A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel ... White House said. A U ...

(The Center Square) – Gov. Josh Shapiro faces a new challenge after the White House blocked U.S. Steel’s overseas acquisition. Join the lawsuit the company filed alongside its would-be ...

U.S. Steel and Nippon Steel alleged in their lawsuit on Monday that the CFIUS review was prejudiced by Biden's longstanding opposition to the deal, denying them the right to a fair review. They asked a federal appeals court to overturn Biden's decision to allow them a fresh review to secure another shot at closing the merger.

Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S. steelmaker.

U.S. Steel's headquarters would remain in Pittsburgh under the deal. The potential bid comes after the White House blocked U.S. Steel's sale to Japan's Nippon Steel. Cleveland-Cliffs would ...

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