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.

TOKYO, Jan 6 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab may need to look at a revamp of its growth strategy after U.S. President Joe Biden blocked its proposed $14.9 billion ...

Gary Works, an integrated steel mill operated by US Steel in Gary, Indiana, seen on Dec. 12, 2024. REUTERS/Vincent Alban “It’s not closing, and Biden hasn’t spoken yet. He will.” ...

One woman is dead following a single-vehicle crash early Sunday in Bethlehem Township. A Bethlehem Township police officer discovered the vehicle had crashed with two trees about 2:07 a.m. near ...

Investors were betting on a grim future for U.S. Steel after President Joe Biden used his legal authority to block the acquisition by Nippon Steel of Japan on Friday. U.S. Steel shares X fell 6% ...

The altar at the Sacrifice of the Mass and the manger of Bethlehem communicate and facilitate God’s approach. As we celebrate the Magi, we can learn so much from the reality they themselves were ...

After all, it will be a big hassle. And if you can call the Japanese buying a steel mill a national security threat, you can call almost anything a national security threat. And I think it ...

The company could still entertain bids from domestic rivals, said Peterson, noting that U.S. Steel's mini-mill assets could be attractive to peers like steel products company Nucor Group ...

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 ...

Shares of U.S. Steel sank in intraday trading Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to Japan's Nippon Steel. The White House announced the ...