By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American ...

The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of ...

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

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

President Joe Biden has officially blocked the $14.9 billion takeover of U.S. Steel by Japan's Nippon Steel. Biden said the ...

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

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

Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...

President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon Steel, saying domestically produced steel is essential to U.S. national ...

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

President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the presidential campaign trail to ...

Both US Steel and Nippon have maintained that the deal poses no national security threat. The companies each put out statements Monday night saying CFIUS notified them that it failed to reach a ...