President Joe Biden last week capitulated to uneconomic thinking by blocking Nippon Steel’s purchase of U.S. Steel. That ...

The decision underscores the difficulty of ‘friendshoring’ and could deter some foreign investments in the US, says an expert ...

When, on Friday, the Supreme Court hears the Biden administration defend the law that bans TikTok, the justices should remember what the administration said the previous Friday: “National security” ...

President Joe Biden blocked Nippon Steel’s $14.9 billion acquisition of U.S. Steel, but with Nippon Steel and U.S. Steel ...

Nippon Steel touted the $14.9 billion deal as a lifeline for its rusting US rival, but opponents warned that the Japanese ...

The fate of the Edgar Thomson Works, a massive steel plant that has hugged the same spot along the Monongahela River since 1875, became even more uncertain Friday morning when ...

President Joe Biden’s decision to block Nippon Steel’s acquisition of U.S. Steel on national security grounds will have disastrous consequences for some Pennsylvania steel workers, who will lose their ...

Good morning. We start with a story on China’s three biggest state-owned airlines, which are rapidly expanding routes and ...

U.S. Steel said Monday that union corruption toppled the company’s overseas buyout and pressured regulators to ignore the law in the organization’s favor. Lawsuits, filed respectively in the U.S.

The clock is ticking for Nippon Steel and its takeover target US Steel. The companies have filed a lawsuit to nullify a ...

Nippon Steel and US Steel are betting Donald Trump can be persuaded to back their $15bn deal, accusing President Joe Biden of blocking the transaction to win union support in last year’s presidential ...

Members of Prime Minister Shigeru Ishiba’s Cabinet criticized U.S. President Joe Biden’s order to block Nippon Steel Corp.’s ...