Nippon, US Steel file suit after Biden administration blocks $15 billion deal

WASHINGTON (AP) — Nippon Steel and U.S. Steel filed a federal lawsuit challenging the Biden administration's decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel.. The suit, filed Monday in the U.S. Court of Appeals for the District of Columbia, alleges that it was a political decision and violated ...