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Automakers' lobbying groups indicated support for the acquisition under the belief it would've increased supply and offered ...

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

President Joe Biden, citing national security concerns, on Friday blocked Nippon’s acquisition of U.S. Steel, an important ...

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

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

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, ...

President Joe Biden on Friday announced his decision to block the $14 billion sale of U.S. Steel to Japan’s Nippon Steel, ...

President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company ...

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

Joe Biden said the deal would create "risk for our national security and our critical supply chains." President-elect Trump ...