Biden cites national security as a chief reason for his decision, but the steelmakers say the ruling is politically motivated ...

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

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

For months, United States Steel Corp. argued that selling out to Japanese-owned Nippon Steel Corp. was the only way to ...

GARY, Ind. - Nippon Steel Corp. of Japan and U.S. Steel announced plans to pursue legal action after President Joe Biden blocked their nearly $15 billion acquisition agreement. The president followed ...

U.S. Steel employs thousands of workers on Minnesota's Iron Range at Minntac in Mountain Iron and Keetac in Keewatin.

Biden blocks Nippon Steel’s investment bid in an act of American economic masochism.

WASHINGTON (AP) — President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase ...

Following President Joe Biden's blocking of the sale of United States Steel Corp. to Nippon Steel Corp., several mayors and ...

Biden said in an order that he believes there is credible evidence that through the proposed acquisition of the United States Steel Corporation, Nippon Steel Corporation might take action that could ...

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