Presidential block of $15B steel merger sparks controversy over national security and U.S.-Japan trade relations.

President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based ...

Key Takeaways President Joe Biden on Friday blocked the proposed $14 billion acquisition of U.S. Steel by Japan's Nippon ...

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

U.S. stock indexes edge higher as Big Tech gains offset weakness in other sectors ahead of Christmas holiday. (AP/Peter ...

President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel.

TOKYO, Dec 26 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab said on Thursday it has extended the closing date for its $14.9 billion purchase of U.S. Steel (X.N), opens new tab as U.S ...

The president of Nippon Steel said he is seeing support in Rust Belt communities for the Japanese company’s proposed $15 billion takeover of US Steel — a deal opposed by both President Joe ...

The United States must make the right decision. U.S. Steel agreed over a year ago to be purchased by Japan’s Nippon Steel — a deal that is an extraordinary opportunity to secure the future of ...

https://www.tipranks.com/news/the-fly/nippon-steel-pushes-out-expected-u-s-steel-closing-date-to-q1-of-2025 Nippon Steel (NPSCY) issued the following statement ...

Nippon Steel (OTCPK:NPSCY) extended the closing date for its planned more than $14 billion purchase of US Steel (NYSE:X) to Q1 as it awaits a decision from President Joe Biden on the deal.

WASHINGTON, Dec 24 (Reuters) - Nippon Steel's (5401.T), opens new tab $15 billion bid for U.S. Steel (X.N), opens new tab has been referred to U.S. President Joe Biden, a White House spokesman ...