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

An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker ...

Nucor may be interested in acquiring parts of U.S. Steel if the $14.9 billion deal for Nippon Steel to purchase U.S. Steel ...

Biden said Friday that U.S. companies producing a large amount of steel need to "keep leading the fight on behalf of America’s national interests,” though Japan, where Nippon is based, is a strong ...

President Biden shocked the financial markets, his own national-security leadership and America’s alliance partners with a ham-fisted decision to block Nippon Steel’s takeover of US Steel last ...

Nippon Steel and U.S. Steel blasted the decision ... could potentially damage relations between the U.S. and Japan, which is America’s biggest ally in Asia. Japan is also the largest foreign ...

“Without the Nippon Steel transaction ... He noted that no steelmaker has built a blast furnace in North America for decades. One possibility is that another company will step in and make ...

The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new ... The proposed deal kicked up an election year political maelstrom across America’s industrial heartland and quickly drew ...

His intervention against the acquisition of U.S. Steel by Japan’s Nippon Steel subordinates America’s economic and security interests to the politics of organized labor. But in its public ...

build in America," he said. PRESIDENT BIDEN TO BLOCK SALE OF US STEEL TO NIPPON STEEL Pompeo added that while he hoped Biden would allow the deal to go forward, if the White House were to block it ...

President Biden and his team have been focused on building his "legacy" by taking radical actions such as taking land out of ...

U.S. Steel said it remains committed to pursuing a deal with Nippon, believing it is best for the U.S. steel industry, supply ...