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 ...

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

Under Republican administrations, the Federal Communications Commission (FCC) has historically taken a more permissive approach to approving ...

In dual lawsuits filed Jan. 6, U.S. Steel Corp. and Nippon Steel Corp. blame the Biden administration's politicizing its ...

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 ...

U.S. Steel and Nippon Steel have filed a lawsuit against the Biden administration alleging that President Joe Biden ...

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

Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon’s ...

By Alexandra Alper, Aatreyee Dasgupta and Yuka Obayashi WASHINGTON (Reuters) -U.S. President Joe Biden unlawfully blocked ...