A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...
When, on Friday, the Supreme Court hears the Biden administration defend the law that bans TikTok, the justices should ...
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 Japanese firm’s planned purchase of its U.S. rival was blocked last week by President Joe Biden after a year of ...
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 ...
In dual lawsuits filed Jan. 6, U.S. Steel Corp. and Nippon Steel Corp. blame the Biden administration's politicizing its ...
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 ...