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(The Center Square) – A joint bid for U.S. Steel from two domestic rivals has the potential support of Gov. Josh Shapiro. In ...

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President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...

Nippon Steel said Thursday that it's pushed back the ... who has previously spoken out against the sale. He has about two weeks to make a decision.

U.S. Steel had also said it hoped Biden would approve the transaction. Nippon Steel first announced in December 2023 that it planned to purchase U.S. Steel for roughly $15 billion.

Mr. Biden says he blocked the $14 billion takeover of U.S. Steel by Japan’s Nippon Steel on the grounds the sale was a threat to national security. A portion of U.S. Steel's Edgar Thomson plant at ...

WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden is poised to officially block Nippon Steel's proposed $14.9-billion purchase of U.S. Steel, a person familiar with the matter said on Friday ...

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President Joe Biden on Friday blocked Nippon Steel Corp.’s proposed $14.9 billion acquisition of United States Steel Corp., ending a yearslong pause on the deal and setting up potential legal ...

United States President Joe Biden has blocked the $14.9bn sale of the Pittsburgh, Pennsylvania-based US Steel to Japan’s Nippon Steel. The move on Friday deals a potentially fatal blow to the ...