The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises questions about the ...

The two firms blasted the decision, calling it a 'clear violation of due process' and a political move, and saying they would ...

The decision to block Nippon Steel could potentially damage relations between the US and Japan, America’s biggest ally in Asia.

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

His decision comes after the Committee on Foreign Investment in the United States didn't reach consensus on the possible ...

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 blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel. This affirms his earlier vow to block the acquisition. (AP Video ...

The move wasn't unexpected despite efforts by the Japanese government to persuade the Biden administration to approve the ...

Nippon Steel Corp. of Japan and U.S. Steel announced plans to pursue legal action after President Joe Biden blocked their nearly $15 billion acquisition agreement.

U.S. Steel fell by more than 6% following reports that President Biden would refuse an offer from Nippon Steel to give the U.S. government veto rights on any plans to change production levels at the ...