Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...

President Biden’s decision to block the purchase of U.S. Steel by Japan’s Nippon Steel constitutes a legally questionable use ...

Biden's order regarding the U.S. Steel purchase by Nippon was later updated with the correct title. The White House also issued a statement from the president explaining his decision to block the ...

President Joe Biden on Friday blocked Japanese steel giant Nippon's $14 billion acquisition of U.S. Steel. The companies have ...

The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in doubt.

Report says Nippon Steel is negotiating directly with the White House over the purchase of the Pittsburgh-based company. United States Steel Corp. shares rose 10% to close out the year's trading ...

the likelihood of consolidation in the U.S. is much lower than with Cliffs, which operates over 20 steel-producing sites. And, under Cliffs, all the white-collar staff is almost certainly gone.

In these final actions of his presidency, Biden is asserting his domestic and foreign-policy principles before Trump takes ...

President Biden’s decision to block the sale of United States Steel to the Japanese company Nippon Steel is a “back to the future” moment in American politics. The move is a victory for ...

Shares of U.S. Steel (X) moved higher after Washington Post reported on a proposal sent to the White House by Nippon Steel (NPSCY) in order to gain approval for its pending takeover of the steelmaker.