Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...

The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in doubt.

President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a ...

Shares of U.S. Steel (X) moved higher after Washington Post reported on a proposal sent to the White House by Nippon Steel (NPSCY) in order to gain approval for its pending takeover of the steelmaker.

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

The deal-focused orientation of President-elect Trump can serve as both the carrot and the stick in a new diplomatic paradigm.

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

The information from the Washington Post cited a document sent to the White House.Nippon and U.S. Steel issued a joint statement Saturday, condemning the U.S. government's decision in blocking the ...

ALSO, CLIFFS THREAT TO U.S. STEEL IS PLAIN MERGED WITH CLIFFS OR BE MURDERED. A WHITE HOUSE SPOKESPERSON SAYS THE ACTION BY CFIUS JUSTIFIED BIDEN’S DECISION, ALTHOUGH IT SHOULD BE POINTED OUT ...

Shares of U.S. Steel sank in intraday trading Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to Japan's Nippon Steel. The White House announced the ...

Biden’s decision “isn’t about Japan,” White House National Security Council spokesperson John Kirby said in a briefing with reporters Friday. “This is about U.S. steel-making and keeping ...

President Joe Biden has formally blocked a proposed near-$15 billion acquisition of U.S. Steel by Nippon Steel of Japan due to "national security" concerns. The decision, announced on Jan. 3 ...