By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead.

Cliffs, which made a failed $7 billion bid for US Steel in August 2023, participated in at least nine calls assuring ...

In a joint statement, Nippon and U.S. Steel called Biden’s decision “a clear violation of due process and the law'' and ...

President Joe Biden announced he was blocking the purchase of U.S. Steel by Japanese steelmaker Nippon Steel on dubious ...

US President Joe Biden's blocking of Nippon Steel's proposed acquisition of US Steel is likely to be challenged in court, and ...

President Joe Biden’s decision to thwart a Japanese firm from buying U.S. Steel doesn’t pen an obituary for the ...

Joe Biden’s decision to block Nippon Steel’s acquisiton of U.S. Steel may have gone against the advice of top aides.

The acquisition was controversial as some argued foreign ownership over one of America’s largest steel producers posed a ...

President Joe Biden’s decision to block Nippon Steel’s acquisition of U.S. Steel will go down as one of the worst of his ...

Japanese companies needing to grow have sought out American deals. Experts say that will not change even after Biden’s ...

United Steelworkers leadership praised Biden's decision while others fear it may end steelmaking in Western Pennsylvania.