An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...

Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors, as it looks to oust company CEO ...

Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors after reporting a 0.18% stake in ...

President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a ...

The $14.9 billion bid by Japan’s Nippon Steel to buy U.S. Steel is back. President Biden, reversing his kill order, leaves ...

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his ...

The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of "political corruption." ...

The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday ...

The proposed purchase of US Steel by Japan’s Nippon Steel reveals how electoral politics still drives American industrial ...

The Yomiuri Shimbun, Japan's largest newspaper in terms of circulation and influence, criticized Biden's order for opening ...

Image A Nippon Steel factory in Japan. As part of the bid, the company offered a large premium on U.S. Steel shares and promised to invest billions in its plants.Credit...Richard A. Brooks/Agence ...

President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his vow in March to block the acquisition.