Automakers' lobbying groups indicated support for the acquisition under the belief it would've increased supply and offered ...

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

President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong ...

US President Joe Biden has formally blocked the takeover of US Steel by a bigger Japanese company, saying foreign ownership ...

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

President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company ...

Investors were betting on a grim future for U.S. Steel after reports that President Joe Biden will officially reject the ...

President Biden blocked Nippon Steel's purchase of U.S. Steel, citing national security. President-elect Trump also opposed ...

Shares of U.S. Steel are sinking in premarket trading Friday as President Joe Biden blocked the $14.1 billion sale of the ...