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U.S. President Joe Biden's decision to block Nippon Steel's $14.9 billion bid for U.S. Steel casts a shadow over Secretary of ...

Secretary of State Antony Blinken lauded the close economic and security partnership between the US and Japan after a ...

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

US Steel and Nippon Steel threatened legal action Friday after President Joe Biden blocked a controversial $14.9 billion deal ...

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

Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a ...

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

Nippon Steel touted the $14.9 billion deal as a lifeline for its rusting US rival, but opponents warned that the Japanese ...

The decision underscores the difficulty of ‘friendshoring’ and could deter some foreign investments in the US, says an expert ...

The usually reticent ally is making it clear that it will not go quietly in its fight to overturn President Biden’s decision ...