President Joe Biden issued an executive order Friday blocking the sale of U.S. Steel to Japan's Nippon Steel, citing national security and supply chain issues. However, the president's initial order ...

In a Dec. 17 letter, Nippon Steel and U.S. Steel accused the White House of undue influence over the CFIUS review. This accusation, coupled with the Pentagon, State and Treasury finding no ...

the likelihood of consolidation in the U.S. is much lower than with Cliffs, which operates over 20 steel-producing sites. And, under Cliffs, all the white-collar staff is almost certainly gone.

The decision to move the event indoors spares attendees, security officials, and spectators from enduring hours in the ...

A high-level government review board has told the White House it is unable to reach a consensus on the national security risks involved in Nippon Steel’s proposed acquisition of U.S. Steel, likely ...

President Joe Biden on Friday blocked Japanese steel giant Nippon's $14 billion acquisition of U.S. Steel. The companies have ...

Another Joe from Delaware—the one finishing up his final days in the White House—apparently sees himself in the same light, ...

Report says Nippon Steel is negotiating directly with the White House over the purchase of the Pittsburgh-based company. United States Steel Corp. shares rose 10% to close out the year's trading ...

“We received the CFIUS evaluation and the president will review it,” said Robyn Patterson, a White House spokeswoman. Since announcing its planned purchase of U.S. Steel in December ...

saying it was “vital” for U.S. Steel “to remain an American steel company that is domestically owned and operated.” All along, White House officials insisted that Biden would wait to see ...

In these final actions of his presidency, Biden is asserting his domestic and foreign-policy principles before Trump takes ...

The U.S. Secret Service is at the helm of this massive ... up of concrete barriers and impenetrable fences around the White House ahead of the event. Officials say the precautionary measures ...