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

The proposal by Japan’s Nippon Steel company to buy the venerable 124-year-old steel company based in Pittsburgh had been on ...

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 ...

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

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

Joe Biden said the deal would create "risk for our national security and our critical supply chains." President-elect Trump ...

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

The United Steelworkers union expressed concerns about Nippon Steel's latest proposal that gives the U.S. government veto ...

Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it.

By David Shepardson, Tim Kelly and Katya Golubkova WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden officially blocked ...

U.S. President Joe Biden on Friday followed through on his pledge to block Nippon Steel's $14.9 billion bid for U.S. Steel, ...