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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 ...

By Alan Rappeport Reporting from Washington President Biden blocked the $14 billion takeover of U.S. Steel by Nippon Steel of Japan in an announcement on Friday based on grounds that the sale ...

President Joe Biden has decided to block the sale of United States Steel Corp. to Japan’s Nippon Steel Corp., according to three people with knowledge of the matter, ending a $14.1 billion deal ...

Update: President Biden announced Friday morning he is blocking the U.S. Steel-Nippon Steel deal "to ensure that, now and long into the future, America has a strong domestically owned and operated ...

President Joe Biden’s decision Friday to block the sale of U.S. Steel to a Japanese rival has ignited an imminent legal challenge, alarmed foreign investors and cast a shadow over the careers of ...

Puskar, File President Joe Biden has consistently opposed the proposed acquisition of Pennsylvania-based U.S. Steel by the Japanese competitor Nippon Steel but hasn’t yet formally blocked its ...

Jan. 1 (UPI) --Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U.S. Steel if the federal government approves a proposed ...

Investors who had put money in certain schemes of erstwhile Reliance Mutual Fund — now known as Nippon Life India Mutual Fund — suffered cumulative losses of nearly Rs 1,830 crore due to the ...

Nippon Steel offered to give the U.S. government a veto over any reduction in U.S. Steel's production capacity in a proposal that marks a last-ditch effort to win President Joe Biden’s approval ...

The Washington Post has reported that Japan's Nippon Steel has offered a 10-year guarantee not to cut output at any of US Steel's mills without federal government approval, in an effort to ...