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

A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel ...

The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership ...

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

Nippon Steel Corporation and U. S. Steel Condemn U.S. Government’s Unlawful Decision to Block Proposed Acquisition of U. S. Steel Companies will take all appropriate action to protect their legal ...

Biden cites national security as a chief reason for his decision, but the steelmakers say the ruling is politically motivated ...

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

WASHINGTON (AP) — President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase ...

US President Joe Biden has blocked a USD 14.3 billion acquisition of US Steel by Japan's Nippon Steel, citing national ...

Nippon Steel Corporation (NPSCY) and United States Steel Corporation (X) issued a statement on President Biden’s decision to block their ...

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

Biden cited a strategic need to protect domestic industry -- but the move drew sharp criticism from both companies.