U.S. Steel and Japan-based Nippon Steel sued the Biden administration on Monday over a decision made last week to block a ...

WASHINGTON — President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the ...

President Biden is reportedly blocking the deal between U.S. Steel and Japan's Nippon Steel. CBS News contributor Javier E. David has more.

The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of ...

President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel on Friday — something he had first vowed to do in March. His decision comes after the Committee on ...

President Joe Biden said Friday he would block the nearly $15 billion acquisition of U.S. Steel by Nippon Steel of Japan, ...

Domestic steel production is essential to U.S. security, Biden said. President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon ...