U.S. Steel employs thousands across its plants and offices in Pennsylvania and the state has about 10% of the nation’s ...

US President Joe Biden has formally blocked the takeover of US Steel by a bigger Japanese company, saying foreign ownership ...

United Steelworkers leadership praised Biden's decision while others fear it may end steelmaking in Western Pennsylvania.

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

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

Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it.

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

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 blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel — something he had first vowed ...

A Ukrainian defense initiative is making steel armor plates to wrap around the control unit of the Patriot battery.

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

President Joe Biden officially announced on Friday he has blocked Nippon Steel's $14.1 billion purchase of U.S. Steel, ...