The self-inflicted wound on the American steel business is now official. In one of his final significant acts as president, ...

Biden’s decision comes after the Committee on Foreign Investment in the United States, known as CFIUS, failed to reach a ...

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

President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan's Nippon Steel on Friday — something he had first vowed to do in March.

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

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

We need major U.S. companies representing the major share of U.S. steelmaking capacity to keep leading the fight on behalf of ...

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

The decision was left with Biden after a U.S. government panel failed to reach a consensus in late December on whether U.S.

"As I have said many times, steel production—and the steelworkers who produce it—are the backbone of our nation. A strong ...

(The Center Square) – President Joe Biden blocked a $14.9 billion buyout of Pittsburgh-based U.S. Steel on Friday.

President Joe Biden plans to announce that he is blocking a $14.3 billion of US Steel by Japan’s Nippon Steel, an ...