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 ...

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.

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).

After the United Steelworkers union came out against the deal last year, both then-President Joe Biden, a Democrat, and Trump, a Republican, expressed their opposition as they sought to woo voters in ...

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 ...

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

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

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 ...

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

Nippon Steel Corp. of Japan formally completed a takeover of U.S. Steel (USS), the venerable but diminished American ...

President Donald Trump travels to Pittsburgh Friday to celebrate a deal he once vowed to oppose - Japanese steelmaker Nippon Steel’s long-announced plans to buy iconic American steelmaker US Steel.