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

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 ...

President Joe Biden has formally blocked a proposed near-$15 billion acquisition of U.S. Steel by Nippon Steel of Japan due to "national security" concerns. The decision, announced on Jan. 3 ...

Trump Orders Pentagon to Pursue U.S. Iron Dome Missile Defense ... Theory — and the Media Shrug President Joe Biden blocked Japanese company Nippon Steel’s attempt to purchase iconic American ...

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 ...

Almost as soon as President Joe Biden announced he would block Nippon Steel’s acquisition of U.S. Steel, the caterwauling began. The U.S. Steel CEO and some economists complained that Biden’s ...

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 ...

June, was viewed by U.S. Steel and investors as an opportunity for the companies to complete the acquisition, even though ...

Jan. 3 (UPI) --President Joe Biden officially announced on Friday he has blocked Nippon Steel's $14.1 billion purchase of U.S. Steel, setting up a likely federal court battle and leaving the ...

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 ...

President Joe Biden is reportedly close to deciding to ... UPDATE: Biden blocks Nippon Steel takeover of U.S. Steel The New York Times, CBS News and The Washington Post, citing sources, reported ...

President Joe Biden cited national security concerns on Friday as he blocked the proposed takeover of U.S. Steel, but Biden's move to scuttle Nippon Steel's $14.9 billion deal also carries ...