New York (CNN) — President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing ...

WASHINGTON (AP) — Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed nearly $15 billion deal for Nippon to acquire ...

Investors in United States Steel Corp. (Symbol ... The put contract at the $33.00 strike price has a current bid of $2.41. If an investor was to sell-to-open that put contract, they are committing ...

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 ...

*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. Sparks fly as a ladle of molten hot iron is poured into a vessel of scrap during the steel manufacturing process at the U.S ...

U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the ...

Copyright 2025 The Associated Press. All Rights Reserved. Industrialist and steel magnate Andrew Carnegie is seen in this ...

Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.

WASHINGTON/TOKYO: US President Joe Biden officially blocked Nippon Steel's proposed US$14.9 billion bid for US Steel on Friday (Jan 3), citing national security concerns, dealing a potentially ...

US Steel and Japan’s Nippon Steel on Monday sued the US government in a bid to revive their $14 billion merger after President Biden blocked the deal last week — a move that US Steel’s CEO c ...