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

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

President Biden’s decision to block the purchase of U.S. Steel by Japan’s Nippon Steel constitutes a legally questionable use ...

Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion ...

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

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 White House released an order Friday to prohibit the $14.9 billion sale of US Steel to Japan's Nippon Steel, citing that the deal could “impair the national security of the United States.” ...

Tykač is among a handful of Czech billionaires who have expanded far beyond their home market and gained an international profile. Daniel Křetínský, whose takeover of Royal Mail was approved by the UK ...

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

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

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 ...