The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership ...

"I want to acknowledge the proactive efforts made by Nippon Steel's Vice Chairman, Takahiro Mori, in addressing national ...

President Joe Biden's decision to block Nippon Steel's $14.9 billion acquisition of U.S. Steel had been telegraphed ...

The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in ...

When Nippon Steel's winning $55-a-share cash bid for United States Steel Corp. was announced Dec. 18, 2023, both companies ...

President Joe Biden is expected to block a $15bn deal by Japan’s Nippon Steel to buy US Steel, ending months of frantic ...

U.S. President Joe Biden said on Friday he would block Japanese company Nippon Steel's $14.9 billion buyout of U.S. Steel, ...

Steel was a defining technology of the industrial age, and President Joe Biden made it his goal to bring that back, even as industries like robotics take over.

Nippon Steel continues to push for presidential support of its proposed $14.9 billion purchase of U.S. Steel, despite concerns that such a deal could lower American steel production and create a ...

Earlier this month, the Japanese steelmaker said it would invest $1 billion in U.S. Steel’s Gary Works if the acquisition ...

By SANDRA BRAND Times Editor President Joe Biden announced this morning he has blocked the $14.1 billion sale of U.S. Steel to Japan's Nippon Steel. The President said his decision is based on ...