The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the ...

President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company ...

The proposal by Japan’s Nippon Steel company to buy the venerable 124-year-old steel company based in Pittsburgh had been on ...

By David Shepardson, Tim Kelly, Andrea Shalal WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden officially blocked Nippon ...

The embattled $14.9 billion bid will likely be scrapped if the President declines to approve Nippon Steel's merger plan, administration officials said.

U.S. stocks on Friday surged, as Wall Street finally appeared to shake off the doldrums afflicting it this week. A dull end to 2024 and a dour start to 2025 derailed the Santa Claus rally, and the ...

Joe Biden said the deal would create "risk for our national security and our critical supply chains." President-elect Trump ...

The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security ...

Outgoing Sen. Sherrod Brown (D-Ohio) on Friday hailed President Biden’s decision to block the takeover of U.S. Steel by Japan ...

US President Joe Biden is poised to officially block Nippon Steel's proposed USD 14.9-billion purchase of US Steel, a person ...

U.S. Steel stays American, if it stays open; hedge funds make hay; salivating over cyber sales; an “accounting grift for the ...

The United Steelworkers union expressed concerns about Nippon Steel's latest proposal that gives the U.S. government veto ...