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

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

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a ...

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

The company still needs investment badly, and it isn’t clear what game of opportunity and survival is being played at the top ...

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

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

Nippon Steel (OTCPK:NPSCY) alleged that the Biden administration had "impermissible undue influence" over a national security review of its more than $14 billion planned acquisition of US Steel ...

WASHINGTON (Reuters) -Nippon Steel alleges the White House had "impermissible undue influence" over a national security review of its $14.9 billion bid for U.S. Steel and threatened legal action ...

WASHINGTON :Despite a steady stream of meetings and calls with U.S. officials, and three revamped proposals to assuage national security concerns, Nippon Steel has failed to garner approval from a ...

Reuters has reported that a plan by Nippon Steel to acquire US Steel is on track to be blocked. The news agency said on Wednesday a committee reviewing the deal has not come to a consensus to ...