The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...

President Joe Biden officially announced on Friday he has blocked Nippon Steel's $14.1 billion purchase of U.S. Steel, ...

The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership ...

President Joe Biden, citing national security concerns, on Friday blocked Nippon’s acquisition of U.S. Steel, an important ...

President Joe Biden has blocked Nippon Steel’s $15 billion acquisition of U.S. Steel (X), citing potential risks to national ...

The president says the acquisition could threaten national security. Both steel companies say they will fight the decision.

President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based ...

President Biden's executive order blocking a near-$15 billion acquisition of U.S. Steel requires the abandonment of the transaction within 30 days.

The move wasn't unexpected despite efforts by the Japanese government to persuade the Biden administration to approve the ...

President Joe Biden has blocked Nippon Steel's bid to purchase U.S. Steel citing national security reasons. The decision has ...

Automakers' lobbying groups indicated support for the acquisition under the belief it would've increased supply and offered ...

A strong domestically owned and operated steel industry represents an essential national security priority and is critical ...