The self-inflicted wound on the American steel business is now official. In one of his final significant acts as president, ...

A major deal in the steel industry hit a major roadblock Friday after President Joe Biden blocked Japanese-based company ...

WASHINGTON/TOKYO -- U.S. President Joe Biden on Friday blocked Nippon Steel's $14.9 billion bid for U.S. Steel, marking the first time that a president has issued an order to halt a Japanese company's ...

The move wasn't unexpected despite efforts by the Japanese government to persuade the Biden administration to approve the ...

Stocks were solidly higher in mid-afternoon trading Friday, led by a rally in shares of large-cap technology companies, as ...