U.S. Steel and Nippon Steel allege in a lawsuit the administration blocked their $14.9 billion deal over political calculations, calling it an unprecedented action that "served the president's personal political agenda.

June, was viewed by U.S. Steel and investors as an opportunity for the companies to complete the acquisition, even though Trump also opposes the deal.

Nippon, U.S. Steel has argued, is the only buyer that can make substantial investments in multiple steel mills and protect jobs. The United Steelworkers, which represents 11,000 U.S. Steel ...

Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a rival steelmaker’s CEO.

Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S. steelmaker.

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

President Biden’s announcement on Friday to block Nippon Steel’s acquisition of U.S. Steel is a political decision, not one rooted in law or facts. In his announcement, Biden provided no e

Local steelworkers are holding out hope that the U.S. Steel sale with Nippon Steel goes through. This week Cleveland Cliffs CEO Lourence Goncalves offered to buy the Steel giant. The offer comes after President Joe Biden blocked a deal between U.

My sole focus has been on protecting the jobs that exist today and, most importantly, having a clear path on investment so that we have jobs tomorrow and the next day and the next year and stretching out decades,

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

The potential sale of U.S. Steel could have significant implications for the Ohio Valley, particularly for a new facility in Weirton where electric transformers