A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel ...

The Committee on Foreign Investment in the United States (CFIUS) has informed the White House of its inability to reach a consensus on the national security risks associated with Nippon Steel's bid ...

But US Steel has said the deal is necessary to help shore up the company’s ailing business, which has been struggling to keep up with cheaper foreign steel – mostly from China – for decades.

Copyright 2024 The Associated Press. All Rights Reserved. The United States Steel logo is pictured outside the headquarters building in downtown Pittsburgh, April 26 ...

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Mr. Burritt is the president and chief executive of U.S. Steel. This is a pivotal moment for the future of American manufacturing. The United States must make the right decision. U.S. Steel agreed ...

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The Committee on Foreign Investment in the United States has told the White House it is unable to reach a consensus on national security risks involved in Nippon Steel's bid for US Steel ...

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President David McCall of United Steelworkers (USW) criticized it, claiming the union did not trust Nippon Steel to stick to existing labor agreements. Political leaders, such as President Joseph ...