President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a ...

President Joe Biden officially blocked Nippon Steel’s proposed $14.9 billion purchase of US Steel on Friday, citing national security concerns — dealing a potentially fatal blow to the ...

If I am Donald Trump, how am I going to rebuild the military if I have less steel and steeper costs for steel imports than my ...

WASHINGTON − President Joe Biden on Friday blocked the sale of U.S. Steel to a Japanese buyer in an extraordinary use of presidential power he said protects an American industry vital to ...

President Joe Biden’s blocking of a Japanese company’s bid to purchase U.S. Steel overrode the advice of numerous top aides, ending a long-running debate that had divided the president’s ...

WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden has decided to officially block Nippon Steel's proposed $14.9-billion purchase of U.S. Steel, the Washington Post reported, putting an end to a ...

Nippon Steel and US Steel's court appeal starts on Monday, with the companies seeking to overturn a ruling that blocks their ...

TOKYO (Reuters) - The hearing for a lawsuit that Nippon Steel and U.S. Steel brought against U.S. President Joe Biden's ...

Adding to the drama, Ancora Holdings, a Cleveland-based asset manager, has acquired a stake in U.S. Steel and nominated a slate of directors and a candidate for CEO who advocate keeping the fabled ...

Consent of the governed is one of the founding principles of our country. Embedded in the Declaration of Independence, it ...

President Joe Biden bowed to growing protectionist pressures in the United States and formally blocked a Japanese company’s proposed purchase of U.S. Steel, winning praise from the president’s ...

The two steelmakers on Jan. 6 filed the lawsuit against Biden's order blocking Nippon Steel's planned buyout of US Steel.