Nippon Steel drops lawsuit against Biden, CFIUS after U.S. Steel acquisition. Trump's approval, $11B investment pledge sealed ...

Japan’s largest steelmaker fought to take over its U.S. counterpart with heavy lobbying in D.C. and trips to Pennsylvania, ...

The provision gives the president the power to appoint a board member and have a say in company decisions that affect ...

Joe Biden expanded the president's power to block foreign mergers with U.S. companies. Donald Trump used that opening to give himself unprecedented control.

The bidding war for U.S. Steel was sparked in August 2023, when Cleveland-Cliffs made an unsolicited offer to acquire U.S.

The pursuit by Nippon Steel for the Pittsburgh-based company was buffeted by national security concerns and presidential ...

The leader of the Republican Party, which has governed on and off since the 1980s, promising to get the government off the ...

The deal gives the White House extraordinary control over U.S. Steel as part of a pact to alleviate national security ...

A national security agreement gives Trump the authority to name a board member as well as a non-economic golden share.

A brief remark from Nippon Steel means little will change, at least in the short term, at the hulking Metro East steel mill, ...

President Trump has signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a 'national security agreement.' ...