The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources saying the ...

President Biden announced Friday that he is blocking the $15 billion proposal by Japan's Nippon Steel to buy U.S. Steel after a government panel recently failed to reach consensus on the possible ...

PRESIDENT BIDEN, EXPLAINING HIS REASONING FOR BLOCKING THE $14.3 BILLION ACQUISITION OF U.S. STEEL BY JAPAN’S NIPPON STEEL, SAYING IT’S HIS RESPONSIBILITY TO ENSURE THAT, QUOTE, AMERICA HAS A ...

He may be putting them at risk instead. In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker, Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging ...

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

President Joe Biden controversially blocked the nearly $15 billion proposed acquisition of Pittsburgh-based US Steel by Japan’s Nippon Steel on Friday, honouring a commitment he had made on the ...

The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the once iconic American company's future, with industry sources saying the ...

Domestic steel production is essential to U.S. security, Biden said. President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon ...

Nippon Steel Corp. plans to file a lawsuit against the U.S. government in response to outgoing President Joe Biden’s decision to block its proposed $14 billion (2 trillion yen) takeover of U.S ...

SO FAR. NIPPON STEEL IS HOPING THEIR LATEST OFFER WILL GET A DEAL OVER THE FINISH LINE AND CONVINCE PRESIDENT JOE BIDEN TO APPROVE THEIR PURCHASE OF U.S. STEEL. NIPPON STEEL SENT A LETTER TO THE ...

Justin Merriman / Bloomberg via Getty Images President Joe Biden on Friday blocked the proposed $14 billion acquisition of U.S. Steel by Japan's Nippon Steel. The companies in a joint statement ...