President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company ...

President Joe Biden's decision to block Nippon Steel's takeover of U.S. Steel cheered environmental advocates who said Nippon's deal was bad for the climate.

U.S. Steel has warned that without an infusion of capital from Nippon Steel, it will be forced to curtail its legacy blast furnace investments and shift to cheaper nonunion electric arc furnaces.

The president's rejection of Nippon Steel's offer to buy U.S. Steel ignites another debate about the industry's role in ...

President Joe Biden, citing national security concerns, on Friday blocked Nippon’s acquisition of U.S. Steel, an important ...

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

Local union leaders say their focus is now on a previously announced proposal by U.S. Steel to sell two idled blast furnaces ...

With the decision by President Biden to block the sale, Pittsburgh-area elected officials made their thoughts known.

President Joe Biden officially announced on Friday he has blocked Nippon Steel's $14.1 billion purchase of U.S. Steel, ...

Shares of U.S. Steel are sinking in premarket trading Friday as President Joe Biden blocked the $14.1 billion sale of the ...

President Joe Biden has officially blocked the $14.9 billion takeover of U.S. Steel by Japan's Nippon Steel. Biden said the ...

The White House is expected to announce U.S. President Joe Biden’s decision to block Nippon Steel’s $15 billion takeover bid ...