Biden's order regarding the U.S. Steel purchase by Nippon was later updated with the correct title. The White House also issued a statement from the president explaining his decision to block the ...

the likelihood of consolidation in the U.S. is much lower than with Cliffs, which operates over 20 steel-producing sites. And, under Cliffs, all the white-collar staff is almost certainly gone.

Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...

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

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

President Biden’s decision to block the sale of United States Steel to the Japanese company Nippon Steel is a “back to the future” moment in American politics. The move is a victory for ...

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

Report says Nippon Steel is negotiating directly with the White House over the purchase of the Pittsburgh-based company. United States Steel Corp. shares rose 10% to close out the year's trading ...

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

In these final actions of his presidency, Biden is asserting his domestic and foreign-policy principles before Trump takes ...