US Steel and Nippon Steel threatened legal action after President Joe Biden blocked a controversial $14.9 billion deal for ...

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

The intersection of politics and national security likely played a role in President Joe Biden's decision to reject the proposed sale of U.S. Steel to a Japanese company, according to experts. The ...

Biden cites national security as a chief reason for his decision, but the steelmakers say the ruling is politically motivated ...

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 ...

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

President Biden said he would block the sale of one of America’s most iconic companies to a Japanese firm. In December 2023, Nippon Steel announced it would buy U.S. Steel for more than $14 billion.