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

The Committee on Foreign Investment in the United States kicked a decision over the merger with Japan’s Nippon Steel to President Biden, who is expected to block the deal. By Alan Rappeport and ...

“President Biden claiming Japan’s investment in an American steel company is a threat to national security is a pathetic and craven cave to special interests that will make America less prosperous and ...

A dramatic improvement in the prospects for United States Steel (X -4.09%) being sold to a foreign buyer led to a rally in the stock on the last trading day of the year. The stori ...

They also filed a lawsuit in federal court in Pittsburgh against rival steelmaker Cleveland-Cliffs Inc. and CEO Lourenco ...

The proposal by Japan’s Nippon Steel company to buy the venerable 124-year-old steel company based in Pittsburgh had been on ...

Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...

The Committee on Foreign Investment in the United States is reportedly split on whether Nippon Steel's $14.9 billion acquisition of U.S. Steel, kicking it over to the administration to take action.

The Nippon Steel acquisition is more than a simple transaction; it is a strategic investment in America’s future. Let’s not ...

Why don’t you tell the American citizens — and the people of Granite City — what you’re going to do with our plant?” Granite ...

Joe Biden said the deal would create "risk for our national security and our critical supply chains." President-elect Trump ...