GARY, Ind. (CBS) --President Joe Biden blocked a $15 billion proposal by Japan's Nippon Steel to buy U.S. Steel, a deal that Northwest Indiana officials said would have provided a much-needed ...

U.S. Rep. Frank Mrvan, D-Highland, speaks during an event celebrating the construction of a pig iron caster at U.S. Steel Gary Works on Thursday, May 26, 2022. (Kyle Telechan for the Post-Tribune) ...

A major deal in the steel industry hit a major roadblock Friday after President Joe Biden blocked Japanese-based company Nippon Steel from acquiring U.S. Steel for $15 billion, a controversial ...

Activist investor Ancora called for a shakeup in U.S. Steel leadership on Monday and adding new members to the board of ...

U.S. Steel said it remains committed to pursuing a deal with Nippon, believing it is best for the U.S. steel industry, supply ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. The Biden administration's decision to block Nippon ...

Consent of the governed is one of the founding principles of our country. Embedded in the Declaration of Independence, it harks to the frustrations of American colonists over unjust laws and levies ...

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 ...

Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion ...

In Gary, the stakes are high ... "Just Transition Northwest Indiana maintains the ultimate owner of U.S. Steel must implement technologies that future-proof steel industry jobs, community ...

Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors after reporting a 0.18% stake in ...