A lmost as soon as President Joe Biden announced he would block Nippon Steel’s acquisition of U.S. Steel, the caterwauling began.The U.S. Steel CEO and some economists complained that Biden’s ...

WASHINGTON − President Joe Biden on Friday blocked the sale of U.S. Steel to a Japanese buyer in an extraordinary use of presidential power he said protects an American industry vital to ...

US President Joe Biden is poised to officially block Nippon Steel's proposed $14.9-billion purchase of US Steel, a person familiar with the matter said on Friday, dealing a probably fatal blow to ...

Joe Biden expanded the president's power to block foreign mergers with U.S. companies. Donald Trump used that opening to give himself unprecedented control.

US President Joe Biden’s decision to block Nippon Steel Corp.’s $14.1 billion takeover of United States Steel Corp. has sparked fresh uncertainty for the American icon that’s been at the ...

The whiplash ordeal revealed how investing in America could come with a significant risk even for a staunch U.S. security ...

United States Steel shares are jumping in premarket trading Monday, as the Pittsburgh-based company’s takeover by Japan’s ...

Nippon Steel Corp. won conditional U.S. approval for its $14.1 billion purchase of United States Steel Corp., capping a lengthy saga in a tie-up that will create one of the world’s largest steel ...

Nippon Steel’s $55-a-share acquisition creates the world’s second-largest steelmaker and turns the combined entity into a ...

Nippon Steel has finalized its deal to buy 100% of U.S. Steel, the iconic steelmaker that was once the world’s most valuable ...

Nippon Steel and U.S. Steel say they've finalized their “historic partnership,” a year-and-a-half after the Japanese company first proposed its deal to buy the iconic American steelmaker for nearly $1 ...