A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...
Biden says he blocked the $14 billion takeover of U.S. Steel by Nippon Steel on the grounds the sale was a threat to national ...
The critics’ focus on politics reflects that they are flat wrong on the merits. If the merger went through, it could leave ...
Blocking Nippon Steel from acquiring U.S. Steel lays the groundwork for a major consolidation of American steelmaking that ...
The companies argued in a lawsuit announced on Monday that Biden violated the Constitution by blocking the merger via a sham ...
Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said ...
President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.
The steel companies allege White House decision to block takeover was political and violated their right to due process.
U.S. Steel and Nippon Steel said on Monday that it is suing over President Joe Biden's decision to block its sales agreement ...
Nippon Steel Corp. and United States Steel Corp. jointly filed lawsuits in a last-ditch effort to preserve the planned merger ...
They also filed a lawsuit in federal court in Pittsburgh against rival steelmaker Cleveland-Cliffs Inc. and CEO Lourenco ...
Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a ...