Another Joe from Delaware—the one finishing up his final days in the White House—apparently sees himself in the same light, having stepped in to nix a $15 billion deal between U.S. Steel and Japan’s Nippon Steel.

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 Pittsburgh company after President Joe Biden blocked the deal.

Second lawsuit filed in U.S. District Court for the Western District of Pennsylvania against Cleveland-Cliffs, Cliffs’ CEO Lourenco Goncalves, and USW President David McCall for their illegal and coordinated actions aimed at preventing the transaction and attempting to undermine U.

Separate lawsuits from Nippon Steel and U.S. Steel target President Joe Biden as well as a steelworkers union head and a rival steelmaker’s CEO.

Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block Nippon's proposed $15-billion purchase of U.S. Steel.

KEY TAKEAWAYS U.S. Steel shares are jumping in premarket trading Monday after the U.S. government extended until June from next month a deadline for Nippon Steel to abandon its planned $14.1 billion acquisition of the American steelmaker.

The U.S. steelmaker said a federal interagency panel had granted an extension to June 18 for the requirement in President Biden’s executive order that the parties permanently abandon the transaction.

By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden says he is protecting good jobs in the American heartland

Nippon Steel and U.S. Steel said Monday that they have filed two lawsuits over President Joe Biden’s decision to block the Japanese company’s $14.9 billion acquisition of the Pittsburgh-based ...

The steel companies allege White House decision to block takeover was political and violated their right to due process.

U.S. Steel and Nippon Steel said on Monday that it is suing over President Joe Biden's decision to block its sales agreement and a domestic competitor and union over their actions to scuttle the deal.

Nippon Steel Corporation and U.S. Steel on Monday filed a federal lawsuit challenging the Biden administration's decision to block Nippon's proposed $15 billion acquisition of the Pittsburgh-based ...