Biden blocks Nippon Steel’s investment bid in an act of American economic masochism.

President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US ...

Even if losing domestic sources of primary steel does not seem like a national security threat today, it might tomorrow.

The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham ...

Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a ...

Geopolitical events and unexplained drone sightings on the Northeastern corridor have resulted in proposals for greater ...

To protect national security, the Committee on Foreign Investment in the United States (CFIUS) may review transactions involving foreign investment in US businesses. Parties to potentially covered ...

Nippon Steel Chief Executive Eiji Hashimoto says there is no reason or need to give up. President Joe Biden has blocked the ...

Japan’s Nippon Steel emphasized that it is not giving up on its takeover of U.S. Steel, a day after suing the Joe Biden ...

Nippon Steel and U.S. 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 that the ...