US President Joe Biden's blocking of Nippon Steel's proposed acquisition of US Steel is likely to be challenged in court, and ...

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

"We are dismayed by President Biden's decision to block Nippon Steel's acquisition of US Steel, which reflects a clear ...

U.S. President Joe Biden said Friday that he has decided to block the $14.1 billion takeover of United States Steel Corp. by ...

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

The president says the acquisition could threaten national security. Both steel companies say they will fight the decision.

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

The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once iconic American company.