The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden administration extended a ...

The companies, whose $55 a share cash deal to acquire U.S. Steel was first proposed Dec. 18, 2023, are working against a June ...

U.S. Steel shares are jumping in premarket trading Monday after the U.S. government extended until June from next month a deadline for Nippon Steel to abandon its planned $14.1 billion acquisition of ...

He may be putting them at risk instead. In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging ...

(AP Photo/Gene J. Puskar, File) A slab of steel on a hot rolling mill at Nippon Steel's Kashima Plant in Kashima, Japan on Friday, Dec.6, 2024. (AP Photo/Ayaka McGill) A hot rolling mill at Nippon ...

WASHINGTON — (AP) — President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the ...

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.

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

Japan’s Nippon Steel had proposed $14.9 billion for US Steel. Getty Share WASHINGTON — President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to ...