GARY, Ind. - Nippon Steel Corp. of Japan and U.S. Steel announced plans to pursue legal action after President Joe Biden blocked their nearly $15 billion acquisition agreement. The president followed ...

The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership ...

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

Biden said in an order that he believes there is credible evidence that through the proposed acquisition of the United States Steel Corporation, Nippon Steel Corporation might take action that could ...

Nippon Steel, the company President Joe Biden reportedly blocked from buying United States Steel Friday, said it was "dismayed" by a decision that "sacrificed the future of American steelworkers." In ...

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

The post Blocking the U.S. Steel Sale Is a Perfectly Disgraceful End to Biden's Political Career appeared first on Reason.com ...

Pennsylvania Sen. John Fetterman is reacting after President Joe Biden blocked Nippon Steel's acquisition of the United States Steel Corporation.

President Joe Biden’s decision to block Nippon Steel Corp.’s $14.1 billion takeover of United States Steel Corp. has sparked ...

The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...

President Biden's executive order blocking a near-$15 billion acquisition of U.S. Steel requires the abandonment of the transaction within 30 days.

In December 2023, Nippon Steel secured a deal to buy US Steel for $14.9 billion. The Committee on Foreign Investment in the ...