United States Steel Corp. surged the most this year after The Washington Post reported that President Joe Biden wouldn’t immediately move to block Nippon Steel Corp.’s takeover bid.

The US government will have veto power over key decisions relating to US Steel, as part of a deal with Nippon Steel that would approve the Japanese firm’s bid for the well-known American steel ...

United States Steel Corp. surged the most this year after the Washington Post reported President Joe Biden wouldn’t immediately move to block Nippon Steel Corp.’s takeover bid.

HARRISBURG, Pa. (AP) — Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a deal that gives the U.S. government a say in some matters and comes a ...

Control over special powers reverts to the Treasury Department and the Commerce Department when anyone else is president.

The U.S. Steel Granite City plant, pictured here Wednesday, Sept. 20, 2023, is among the facilities facing uncertainty after President Joe Biden blocked Nippon Steel’s proposed takeover of the ...

White House officials are signaling that President Biden will not imminently move to block Nippon Steel’s bid to acquire US Steel amid mounting concerns over the political and economic ...

Nippon Steel completes its purchase of U.S. Steel after more than a year and half of high-stakes negotiations and national security concerns.

President Trump holds a veto power on specific matters and has the right to appoint an independent director as part of the Nippon Steel takeover.

Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said Tuesday after President Joe Biden’s blocked the top Japanese steelmaker ...

President Joe Biden is preparing to block Nippon Steel Corp.’s $14.1 billion takeover of United States Steel Corp., according to people familiar with the matter.

United States Steel Corp. shares rose Monday after cable financial news channel CNBC reported that Cleveland-Cliffs Inc. and Nucor Corp. are considering a takeover bid of the American steelmaker.