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, ...

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

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

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

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

U.S. Steel will be delisted from the NYSE after its acquisition by Nippon, contradicting President Donald Trump’s claims that ...

Nippon Steel offered Washington a "golden share," which gives the government oversight over some decisions, to get approval for its takeover of U.S. Steel.

Biden used his authority to block Nippon Steel’s acquisition of U.S. Steel on his way out of the White House after a review by the Committee on Foreign Investment in the United States.