The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the ...

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

President Joe Biden plans to announce as soon as Friday that he is blocking a $14.3 billion of US Steel by Japan’s Nippon ...

President Joe Biden's decision to block Nippon Steel's takeover of U.S. Steel cheered environmental advocates who said Nippon's deal was bad for the climate.

The Committee on Foreign Investment in the United States (CFIUS) spent months reviewing the deal for national security risks but referred the decision to Biden in December, after failing to reach ...

Biden’s decision comes after the Committee on Foreign Investment in the United States, known as CFIUS, failed to reach a ...

The decision was left with Biden after a U.S. government panel failed to reach a consensus in late December on whether U.S.

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 ...

A strong domestically owned and operated steel industry represents an essential national security priority and is critical ...

Biden previously expressed opposition to the deal and said that U.S. Steel should remain an American-owned and ...

(The Center Square) – President Joe Biden blocked a $14.9 billion buyout of Pittsburgh-based U.S. Steel on Friday.