The CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday that he wanted to make a new bid for U.S.

U.S. Treasury Secretary Janet Yellen said on Wednesday that Nippon Steel's planned acquisition of U.S. Steel received a ...

The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden Administration extended a deadline for the Japanese steelmaker to abandon plans to acquire the storied ...

"Other than that, CFIUS did analyze the specifics, as it always does of this situation, and prepared a thorough analysis to go to the president." U.S. Steel and Nippon Steel alleged in a lawsuit ...

U.S. Steel and Nippon Steel claim in their lawsuit that the CFIUS process wasn’t followed. “Even if the courts agree that maybe the procedures weren’t fully implemented, the question for me ...

We are dismayed by President Biden’s decision to block Nippon Steel’s acquisition of U. S. Steel, which reflects a clear violation of due process and the law governing CFIUS. Instead of ...

CFIUS is an intergovernmental agency chaired by the Secretary of the Treasury. However, Trump has previously stated he would block the deal himself. It wasn't clear whether Nippon Steel and U.S ...