On Friday, President Joe Biden announced his decision to block the $14 billion acquisition of the US Steel company by Japan’s Nippon Steel Corporation. The move came seven months after Biden had ...

President Biden announced Friday he would block ... Steel following a yearlong review of the potential acquisition. “We need major U.S. companies representing the major share of US steelmaking ...

US STEEL CEO ... Nippon Steel and U.S. Steel said Friday in a joint statement that they are "dismayed by President Biden's decision to block Nippon Steel's acquisition of U.S. Steel, which ...