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Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.

Experts say that will not change even after Biden’s rejection of Nippon Steel’s takeover attempt. By River Akira Davis Reporting from Tokyo As signs emerged that President Biden was gearing up ...

The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources saying the ...

Copyright 2025 The Associated Press. All Rights Reserved. President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase ...

President Joe Biden bowed to growing protectionist pressures in the United States and formally blocked a Japanese company’s proposed purchase of U.S. Steel, winning praise from the president’s ...

Copyright 2025 The Associated Press. All Rights Reserved. Industrialist and steel magnate Andrew Carnegie is seen in this undated photo. (AP Photo, File) This is a ...

Rise of US Steel Paralleled the Arrival of the United States on the World Stage President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan's Nippon Steel on Friday ...

WASHINGTON − President Joe Biden on Friday blocked the sale of U.S. Steel to a Japanese buyer in an extraordinary use of presidential power he said protects an American industry vital to ...