By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American ...

President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong ...

Nippon Steel proposed giving the U.S. government a veto over any reduction in U.S. Steel’s “production capacity” in a last-ditch bid for President Joe Biden’s approval to acquire the ...

SO FAR. NIPPON STEEL IS HOPING THEIR LATEST OFFER WILL GET A DEAL OVER THE FINISH LINE AND CONVINCE PRESIDENT JOE BIDEN TO APPROVE THEIR PURCHASE OF U.S. STEEL. NIPPON STEEL SENT A LETTER TO THE ...

Financial writer reporting delay in Nippon Steel's $15B US Steel purchase as decision awaits from President Biden.

WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden is poised to officially block Nippon Steel's proposed $14.9-billion purchase of U.S. Steel, a person familiar with the matter said on Friday ...

The United Steelworkers union expressed concerns about Nippon Steel’s latest proposal that gives the US government veto power over any potential reductions in US Steel’s production capacity ...

U.S. Steel shareholders approve $14.9 billion buyout by Nippon Steel April 13, 2024 Biden believes U.S. Steel sale to Japanese company warrants ‘serious scrutiny,’ White House says ...

President Joe Biden has decided to block the sale of United States Steel Corp. to Japan’s Nippon Steel Corp., according to three people with knowledge of the matter, ending a $14.1 billion deal ...

WASHINGTON — President Joe Biden blocked the $14 billion takeover of U.S. Steel by Nippon Steel of Japan in an announcement Friday based on grounds that the sale posed a threat to national security.