Why was the Committee on Foreign Investment in the United States split on allowing or blocking Nippon Steel from buying U.S. Steel? NPR's Michel Martin asks one of the committee's former advisers.

The Nippon Steel acquisition is more than a simple transaction; it is a strategic investment in America’s future. Let’s not ...

President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel on Friday — something he had ...

They also filed a lawsuit in federal court in Pittsburgh against rival steelmaker Cleveland-Cliffs Inc. and CEO Lourenco ...

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 labor ...

Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...

If the deal does not go through, Nippon Steel would have to pay a US$565 million break-up fee. Read more at straitstimes.com.

The transaction has been under review by the Committee on Foreign Investment in the United States (CFIUS), the Treasury-chaired body mandated to screen foreign direct investments into the United ...

U.S. Steel and Nippon Steel on Monday filed a lawsuit against the U.S. government over President Joe Biden’s order blocking the sale of the Pittsburgh-based steel company to the Japanese firm. The ...

Japan's Nippon Steel has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel's production ...

A dramatic improvement in the prospects for United States Steel (NYSE: X) being sold to a foreign buyer led to a rally in the ...

Billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging ...