Saying a sale would threaten U.S. security, President Joe Biden blocked a Japanese company’s $15 billion bid to purchase ...

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

President Joe Biden has rejected the nearly $15 billion proposed deal to purchase Pittsburgh-based U.S. Steel.

President Joe Biden on Friday blocked Japanese steel giant Nippon's $14 billion acquisition of U.S. Steel. The companies have vowed to challenge the decision and continue pursuing the deal.

U.S. Steel employs thousands of workers on Minnesota's Iron Range at Minntac in Mountain Iron and Keetac in Keewatin.

President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon ...

US President Joe Biden decided on Friday to block Japanese company Nippon Steel Corporation's bid to purchase US Steel, citing national security concerns. The president emphasized the necessity of ...