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

President Joe Biden’s decision to block Nippon Steel’s acquisition of U.S. Steel will go down as one of the worst of his ...

Japanese companies needing to grow have sought out American deals. Experts say that will not change even after Biden’s ...

President Biden Friday followed through on a promise to block the sale of US Steel to Japanese-owned Nippon Steel, citing national security reasons.

The company still needs investment badly, and it isn’t clear what game of opportunity and survival is being played at the top ...

US Steel and Nippon Steel threatened legal action Friday after President Joe Biden blocked a controversial $14.9 billion deal ...

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

The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...

President Biden said he would block the sale of one of America’s most iconic companies to a Japanese firm. In December 2023, Nippon Steel announced it would buy U.S. Steel for more than $14 billion.

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

WASHINGTON (Reuters) -Nippon Steel alleges the White House had "impermissible undue influence" over a national security review of its $14.9 billion bid for U.S. Steel and threatened legal action ...

WASHINGTON :Despite a steady stream of meetings and calls with U.S. officials, and three revamped proposals to assuage national security concerns, Nippon Steel has failed to garner approval from a ...