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

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

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

The deal-focused orientation of President-elect Trump can serve as both the carrot and the stick in a new diplomatic paradigm.

The information from the Washington Post cited a document sent to the White House.Nippon and U.S. Steel issued a joint statement Saturday, condemning the U.S. government's decision in blocking the ...

Another Joe from Delaware—the one finishing up his final days in the White House—apparently sees himself in the same light, ...

Shares of U.S. Steel sank in intraday trading Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to Japan's Nippon Steel. The White House announced the ...

Biden’s decision “isn’t about Japan,” White House National Security Council spokesperson John Kirby said in a briefing with reporters Friday. “This is about U.S. steel-making and keeping ...

The decision to move the event indoors spares attendees, security officials, and spectators from enduring hours in the ...

NIPPON STEEL SENT A LETTER TO THE WHITE HOUSE OFFERING TO GUARANTEE IT WILL NOT REDUCE PRODUCTION AT U.S. STEEL’S SIX U.S. PLANTS, INCLUDING HERE IN PENNSYLVANIA, FOR THE NEXT TEN YEARS.

President Joe Biden has formally blocked a proposed near-$15 billion acquisition of U.S. Steel by Nippon Steel of Japan due to "national security" concerns. The decision, announced on Jan. 3 ...