US President Joe Biden has blocked the takeover of US Steel by a bigger Japanese firm, delivering on a political promise ...

President Joe Biden on Friday announced his decision to block the $14 billion sale of U.S. Steel to Japan’s Nippon Steel, ...

Japan's top steelmaker, battling declining domestic demand, made the USD 14.9 billion bid for the U.S. producer in an attempt ...

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of U.S. Steel by Japan’s Nippon Steel, marking a ...

US President Joe Biden announced on Friday his decision to block a USD 143 billion acquisition of US Steel by Japan Nippon ...

The lawsuit, filed in a federal court in Washington, accused Biden and senior administration officials of corrupting the deal ...

U.S. President Joe Biden has issued an order to halt Nippon Steel Corp.'s plan to acquire United States Steel Corp. This is ...

The Committee on Foreign Investment in the United States (CFIUS) spent months reviewing the deal for national security risks but referred the decision to Biden in December, after failing to reach ...

U.S. Steel was once a symbol of American industrial might ... “A strong domestically owned and operated steel industry represents an essential national security priority and is critical for ...