US President Joe Biden on Friday said he is blocking the $14.3 billion acquisition of US Steel (X) by Japan's Nippon Steel, claiming ...

Automakers' lobbying groups indicated support for the acquisition under the belief it would've increased supply and offered ...

Stocks were solidly higher in mid-afternoon trading Friday, led by a rally in shares of large-cap technology companies, as ...

A major deal in the steel industry hit a major roadblock Friday after President Joe Biden blocked Japanese-based company ...

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

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The main gauge of Wall Street’s health rose 1.3% Friday and was on track to break a five-day losing streak, its longest since April.

By David Shepardson, Tim Kelly, Andrea Shalal WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden officially blocked Nippon ...

Biden said in an order that he believes there is credible evidence that through the proposed acquisition of the United States Steel Corporation, Nippon Steel Corporation might take action that could ...

President Joe Biden has blocked the $14.1 billion sale of United States Steel Corp. to Nippon Steel Corp., killing a ...

President Joe Biden on Friday blocked Japanese steel giant Nippon's $14 billion acquisition of U.S. Steel. The companies have vowed to challenge the decision and continue pursuing the deal.