By David Shepardson, Tim Kelly, Andrea Shalal WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden blocked Nippon Steel's ...

The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in ...

The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once ...

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

President Biden said he would block the sale of one of America’s most iconic companies to a Japanese company. In December 2023, Nippon Steel announced it would buy U.S. Steel for more than $14 billion ...

The Committee on Foreign Investment in the United States (CFIUS) spent months reviewing the deal for national security risks but referred the decision to Biden in December, after failing to reach ...

The embattled $14.9 billion bid will likely be scrapped if the President declines to approve Nippon Steel's merger plan, administration officials said.

U.S. stocks on Friday surged, as Wall Street finally appeared to shake off the doldrums afflicting it this week. A dull end to 2024 and a dour start to 2025 derailed the Santa Claus rally, and the ...

The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security ...

Outgoing Sen. Sherrod Brown (D-Ohio) on Friday hailed President Biden’s decision to block the takeover of U.S. Steel by Japan ...

US President Joe Biden is poised to officially block Nippon Steel's proposed USD 14.9-billion purchase of US Steel, a person ...