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

"That's why our customers love it, the auto guys love this transaction very much." China has more than 50% of global steel-producing capacity. In a joint statement on Friday, Nippon and U.S. Steel ...

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 ... sold off in parts, according ...

That is because steel powers our country: our infrastructure, our auto industry ... from Nippon Steel if the transaction went ahead. (Photo by Thomas ONeill/NurPhoto via Getty Images) "We wouldn ...

That is because steel powers our country: our infrastructure, our auto industry ... from $2.7 billion in investment from Nippon Steel if the transaction went ahead. (Photo by Thomas ONeill/NurPhoto ...

(Bloomberg) -- President Joe Biden has blocked the $14.1 billion sale of United States Steel Corp. to Nippon Steel Corp., killing a high-profile deal that sparked a political firestorm and tensions ...

Nothing is certain, but by the time you read this, Nippon Steel’s proposed $14 billion investment in reviving the fortunes of the Pittsburgh-based United States Steel may be dead.

Stellantis said last month that 400 workers at a Detroit automotive parts facility would indefinitely ... as Friday on whether he will approve Nippon Steel's acquisition of U.S. Steel , CBS ...