The Committee on Foreign Investment in the United States (CFIUS) referred the decision to approve or block the deal to ...

The union, which has opposed U.S. Steel's merger with the Japanese steel giant, said Nippon's offer fails to commit to ...

Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...

Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...

Shares of U.S. Steel, which had been down lately, rose 10% to $33.99 in the final hours of trading Tuesday as the reports ...

When Nippon Steel's winning $55-a-share cash bid for United States Steel Corp. was announced Dec. 18, 2023, both companies ...

President Biden is on the clock, needing to decide by Tuesday whether or not to stop Nippon Steel from buying U.S. Steel. Why ...

Nippon Steel Corp has promised it will not cut output capacity at United States Steel Corp's mills for 10 years, in its ...

The proposal is aimed at addressing concerns raised by CFIUS, which said last week that the Japanese company’s takeover of U.S. Steel would lead to a decline in American steel output.

Nippon Steel’s proposed $14.1 billion acquisition of US Steel moved a step closer to being blocked last week after the US ...

The Committee on Foreign Investment in the United States (CFIUS) was unable to reach a consensus on Japan's Nippon Steel's ...

The Japanese firm offered to give the U.S. government a veto over any reduction in U.S. Steel's production capacity.