Biden blocks Nippon Steel’s investment bid in an act of American economic masochism.

The decision to block U.S. Steel's acquisition by Nippon Steel is the perfect coda to President Joe Biden's political career.

To protect national security, the Committee on Foreign Investment in the United States (CFIUS) may review transactions involving foreign investment in US businesses. Parties to potentially covered ...

President Biden is likely to announce a decision as soon as Friday on whether he will approve Nippon Steel's $14.9 billion ...

U.S. President Joe Biden on Friday followed through on his pledge to block Nippon Steel's $14.9 billion bid for U.S. Steel, ...

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

GARY, Ind. - Nippon Steel Corp. of Japan and U.S. Steel announced plans to pursue legal action after President Joe Biden ...

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

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

Biden said in an order that he believes there is credible evidence that through the proposed acquisition of the United States Steel Corporation, Nippon Steel Corporation might take action that could ...

Following President Joe Biden's blocking of the sale of United States Steel Corp. to Nippon Steel Corp., several mayors and ...

President Joe Biden blocked Nippon Steel's $14.9 billion purchase of U.S. Steel, citing national security concerns. The ...