Domestic steel production is essential to U.S. security, Biden said. President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon Steel, ...

Nippon Steel and U.S. Steel filed a federal lawsuit challenging the Biden administration's decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel..The ...

ON THIS REPORT. AVA. YEAH, GUYS. WELL, ACCORDING TO BLOOMBERG, PRESIDENT BIDEN PLANS TO MAKE THIS BLOCK DUE TO NATIONAL SECURITY REASONS. NOW, THIS COMES JUST DAYS BEFORE THE COMMITTEE ON FOREIGN ...

President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon Steel, saying domestically produced steel is essential to U.S. national ...