WASHINGTON (AP) — President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase ...

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

The company still needs investment badly, and it isn’t clear what game of opportunity and survival is being played at the top.

The AP reports that Nippon Steel has threatened to sue over President Biden’s block. Biden’s decision comes after a committee ...

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

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

President Biden Friday followed through on a promise to block the sale of US Steel to Japanese-owned Nippon Steel, citing national security reasons.

Gary Mayor Eddie Melton says Nippon executives from Japan promised a $1 billion investment in the Gary U.S. Steel plant pending the merger. However, union leaders support President Biden's decision to ...

Community leaders in the Mon Valley are expressing concern over the future of local steel manufacturing and the broader ...

U.S. Steel’s president and CEO declared President Biden’s decision to block the company from being acquired by the Japanese ...

For months, United States Steel Corp. argued that selling out to Japanese-owned Nippon Steel Corp. was the only way to survive. President Joe Biden thought different, concluding that even a takeover ...