President Biden blocked Nippon Steel's acquisition of U.S. Steel despite advisors' concerns about national security and legal repercussions.

Another Joe from Delaware—the one finishing up his final days in the White House—apparently sees himself in the same light, having stepped in to nix a $15 billion deal between U.S. Steel and Japan’s Nippon Steel.

This is a developing story. Check back for updates. Cleveland Cliffs is partnering with rival Nucor in a potential bid for U.S. Steel, whose takeover by Japan's Nippon Steel was just blocked by the White House earlier this month,

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 administration over blocking the proposed merger.

President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.

U.S. Steel and Nippon Steel of Japan filed a lawsuit Monday against ... and the outcome was pre-determined” to satisfy the political objectives of the Biden White House. White House spokesperson Robyn Patterson responded to the lawsuit Monday by ...

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

Joe Biden’s decision to block Nippon Steel’s acquisiton of U.S. Steel may have gone against the advice of top aides.

WASHINGTON--A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel ... White House said. A U ...

Nippon Steel Corp. and United States Steel Corp. jointly filed lawsuits in a last-ditch effort to preserve the planned merger of the companies, which was blocked last week by President Joe Biden.

U.S. Steel and Nippon Steel alleged in their lawsuit on Monday that the CFIUS review was prejudiced by Biden's longstanding opposition to the deal, denying them the right to a fair review. They asked a federal appeals court to overturn Biden's decision to allow them a fresh review to secure another shot at closing the merger.

President-elect Donald Trump's opposition to the U.S. Steel deal with Nippon Steel undermines his claims to helping the working-class voters who elected him.