Biden is accused of unlawfully blocking the bid through a sham national security review. Read more at straitstimes.com.

U.S. Steel and Nippon Steel have filed a lawsuit against the Biden administration, alleging that President Joe Biden unlawfully blocked their $14.9bn merger through a biased national security review.

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

It is difficult to accept the U.S. government's intervention, without a rational explanation, in a corporate acquisition deal ...

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

Trump opposes U.S. Steel's sale to Nippon, but CEO David Burritt believes he can convince the president-elect that the deal ...

The outgoing US president blocked the proposed acquisition last week, citing national security threats. The two steel giants said the move was "political." ...

Nippon Steel and US Steel have filed a federal lawsuit challenging the Biden administration’s decision to block a proposed ...

Japan's Nippon Steel and United States Steel have jointly filed a lawsuit against the U.S. government over President Joe ...

Nippon Steel Corp. is not weighing any alternatives to its thwarted takeover of United States Steel Corp., its chairman and ...

to acquire Unocal Oil Company or to Huawei's problems with the Committee on Foreign Investment in the United States (CFIUS), the U.S. government's interagency group that reviews investment on ...

The Nippon Steel Corp. CEO on Tuesday denounced U.S. President Joe Biden's decision to block its $14.1 billion acquisition of United States Steel Corp., saying he believes the decision was politically ...