On Friday, President Joe Biden announced his decision to block the $14 billion acquisition of the US Steel company by Japan’s Nippon Steel Corporation. The move came seven months after Biden had ...

President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security ...

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 ...

WEST MIFFLIN, Pa. — The $14.3 billion acquisition of Pittsburgh-based U.S. Steel by Japan's Nippon Steel has been blocked by President Joe Biden. "U.S. Steel will remain a proud American company ...

President Joe Biden blocked Japanese company Nippon Steel's attempt to purchase iconic American steel producer U.S. Steel after months of scrutiny and bipartisan opposition to the $14 billion ...

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 ...

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his ...

WASHINGTON/TOKYO, Jan 3 (Reuters) - U.S. President Joe Biden blocked Nippon Steel's (5401.T), opens new tab proposed $14.9 billion purchase of U.S. Steel (X.N), opens new tab on Friday, citing ...

President Joe Biden is prepared to block Japan’s Nippon Steel’s proposed acquisition of US Steel, two sources familiar with the matter said, a move that would deal a major blow to the $14 ...

PITTSBURGH — President Joe Biden promised cheering unionized steelworkers on Wednesday that his administration would block the acquisition of U.S. Steel by a Japanese company and he called for a ...

WASHINGTON (AP) — President Joe Biden came out in opposition to the planned sale of U.S. Steel to Nippon Steel of Japan, saying on Thursday that the U.S. needs to "maintain strong American steel ...

President Joe Biden on Thursday said he believes it’s “vital” that US Steel remain American owned and operated, dealing a blow to the iconic company’s planned sale to Japan’s Nippon Steel.