His decision comes after the Committee on Foreign Investment in the United States, known as CFIUS, failed to reach consensus ...

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

We need major U.S. companies representing the major share of U.S. steelmaking capacity to keep leading the fight on behalf of ...

The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life, now that the Biden Administration pushed back ...

The critics’ focus on politics reflects that they are flat wrong on the merits. If the merger went through, it could leave ...

Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion ...

U.S. authorities extended a deadline imposed on Japan's Nippon Steel Corp. and United States Steel Corp. to abandon their ...

The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of ...

The president says the acquisition could threaten national security. Both steel companies say they will fight the decision.

By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden says he is protecting good jobs in the American ...

Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S.