The lawsuits call President Biden’s decision to block the buyout of the American steel maker by Nippon Steel an ‘unlawful ...

Shares of U.S. Steel sank Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to ...

Investors were betting on a grim future for U.S. Steel after reports that President Joe Biden will officially reject the ...

The acquisition was controversial as some argued foreign ownership over one of America’s largest steel producers posed a ...

Discover the Tata Steel Stock Liveblog, your go-to destination for real-time updates and comprehensive analysis of a ...

The analyst notes the U.S. economy is in worse shape than many acknowledge. With Donald Trump set to take office on January ...

US Steel is facing challenges with bearish signals and a blocked acquisition, but analysts see potential for investors in the ...

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 ...

U.S. Steel has said it needs the cash from Nippon Steel to keep investing in blast furnaces like the ones in Pennsylvania.

President Biden blocked the sale of United States Steel to Japan’s Nippon Steel, fulfilling his pledge to keep the storied steelmaker domestically owned. Shares in U.S. Steel (X) stood about 8% lower ...

U.S. Steel’s stock plunged more than 7% in the late morning following the announcement. The move by Biden marks a bold use of executive authority in the final days of his presidency.