WASHINGTON (AP) — 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 ...

Japan’s national interests, especially in containing China, align with America’s more than with those of nearly any other country in the world. Further, Nippon made a variety of commitments, from ...

Pittsburgh’s relationship with decline is complicated. The city lost half its population after the steel industry collapsed ...

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 ...

The city lost half its population after the steel industry collapsed in the 1970s and 1980s, yet has clung to relevance as a ...

Ropes & Gray, Milbank and Wachtell, Lipton, Rosen & Katz all advised on the $14 billion acquisition. They're joined in two federal lawsuits filed in Washington, D.C., and Pittsburgh by attorneys from ...

Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel ...

Cleveland-Cliffs CEO Lourenco Goncalves said Monday his company is ready to make another offer for U.S. Steel if its ...

BRADDOCK, Pa. — The mayors of seven Pittsburgh communities sat down with Channel 11 on Tuesday to voice their concerns over a potential deal between U.S. Steel and Japan’s Nippon Steel ...

President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon Steel, saying domestically produced steel is essential to U.S. national ...

PITTSBURGH (KDKA) -- Nippon Steel is making a new proposal to the Biden administration as it continues its bid to buy U.S. Steel. The Japanese-based company has proposed giving the U.S. government ...