Nippon Steel and U.S. Steel said they were suing the U.S. government over the Biden administration’s decision to block the Japanese company’s $14.1 billion purchase of the American steelmaker. Shares ...

P resident Joe Biden has officially killed the contentious sale of U.S. Steel to its Japanese rival Nippon Steel, striking ...

A first lawsuit was filed in the U.S. Court of Appeals for the District of Columbia Circuit, “challenging violation of the ...

The move is in response to Biden administration’s decision to block the Japanese company’s $14.1 billion purchase.

Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion deal for the Japanese company to buy the American steelmaker.

The pushback comes after US Steel Chief Executive Officer David Burritt on Friday condemned Biden’s order, calling it a ...

The suit, filed Monday in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision ...

U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their ...

U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with ...

Nippon Steel Corp. and United States Steel Corp. jointly filed lawsuits in a last-ditch effort to preserve the planned merger ...

The steel companies allege White House decision to black takeover was political and violated their right to due process.