President Joe Biden issued an executive order Friday blocking the sale of U.S. Steel to Japan's Nippon Steel, citing national ...

The decision to move the event indoors spares attendees, security officials, and spectators from enduring hours in the ...

In a Dec. 17 letter, Nippon Steel and U.S. Steel accused the White House of undue influence over the CFIUS review. This accusation, coupled with the Pentagon, State and Treasury finding no ...

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

In these final actions of his presidency, Biden is asserting his domestic and foreign-policy principles before Trump takes ...

Shares of U.S. Steel sank Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to ...

Another Joe from Delaware—the one finishing up his final days in the White House—apparently sees himself in the same light, ...

the likelihood of consolidation in the U.S. is much lower than with Cliffs, which operates over 20 steel-producing sites. And, under Cliffs, all the white-collar staff is almost certainly gone.

President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.

A high-level government review board has told the White House it is unable to reach a consensus on the national security risks involved in Nippon Steel’s proposed acquisition of U.S. Steel, likely ...

Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S.

Canadian Prime Minister Justin Trudeau has suggested that President-elect Donald Trump’s remarks about Canada becoming ...