WASHINGTON (AP) — 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 announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...

President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his vow in March to block the acquisition.

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of U.S. Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his ...

Japan’s Nippon Steel had proposed $14.9 billion for US Steel. Getty Share WASHINGTON — President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to ...

In a statement, President Joe Biden said that there is “credible evidence that leads me to believe that Nippon Steel Corporation (NPSCY), through the proposed acquisition by the Purchasers of ...