By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead.
In a joint statement, Nippon and U.S. Steel called Biden’s decision “a clear violation of due process and the law'' and ...
The year 2024 ended much the same way that it began: the Steelers once again had a winning record but need to step it up to ...
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 ...
United Steelworkers leadership praised Biden's decision while others fear it may end steelmaking in Western Pennsylvania.
The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in ...
The Biden Administration blocked the takeover of U.S. Steel by Japanese-owned Nippon Steel, citing national security concerns and opinions over the block are vastly different.
The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once iconic American company.
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based ...
Shares of U.S. Steel sank Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to ...
"As I have said many times, steel production—and the steelworkers who produce it—are the backbone of our nation. A strong ...