President Biden blocks sale of US Steel to Japanese company In blocking the sale to Nippon Steel, Biden said U.S. Steel "will remain a proud American company – one that’s American-owned and ...

president biden, explaining his reasoning for blocking the $14.3 billion acquisition of u.s. steel by japan’s nippon steel, saying it’s his responsibility to ensure that, quote, america has a ...

President Biden formally blocked the sale of U.S. Steel to a Japanese steelmaker, citing national security concerns. The company said that it may have to cut thousands of union jobs without the sale.

President Biden announced that his administration will block the proposed $14.9 billion sale of U.S. Steel to Nippon Steel after conducting reviews of the proposed deal.

President Biden went against top national-security aides when deciding to tank a Japanese takeover of U.S. Steel and instead align with his domestic advisers to bolster his pro-union legacy. Staff ...

US Steel and Japan’s Nippon Steel on Monday sued President Joe Biden in a bid to revive their $14 billion merger after he blocked the deal last week – in a “shameful” capitulation to a ...

Nippon Steel Corp. says it has dismissed a lawsuit against former President Joe Biden and the Committee on Foreign Investment in the United States (CFIUS).

President Joe Biden, backstage before speaking at the Democratic National Convention last month, is said to be close to announcing a move to formally block Nippon Steel’s proposed $14.9 billion ...

HARRISBURG, Pa. (AP) — Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a deal that gives the U.S. government a say in some matters and comes a ...

The fight is rooted in years of political history between President Trump and the last two presidents of Brazil.

United States Steel shares are jumping in premarket trading Monday, as the Pittsburgh-based company’s takeover by Japan’s Nippon Steel looks set to close following the deal's approval by President ...