Update: President Biden announced Friday morning he is blocking the U.S. Steel-Nippon Steel deal "to ensure that, now and long into the future, America has a strong domestically owned and operated ...

WASHINGTON/TOKYO, Jan 3 (Reuters) - U.S. President Joe Biden blocked Nippon Steel's (5401.T), opens new tab proposed $14.9 billion purchase of U.S. Steel (X.N), opens new tab on Friday ...

Nippon Steel offered to give the U.S. government a veto over any reduction in U.S. Steel's production capacity in a proposal that marks a last-ditch effort to win President Joe Biden’s approval ...

Our first roll call of bar openings for the new year includes a Belltown spot that highlights winemakers from demographics that are underrepresented in the industry. Across from the Moore Theatre ...

Dec 31 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel's (X.N), opens new tab production capacity ...

HORDES of Boxing Day revellers donned fancy dress to pack out pubs and bars - rounding off Christmas celebrations in style. Glam locals flocked to King Street in Wigan for the Lancashire town's ...

The Swedish startup Stegra has raised close to $7 billion to produce zero-emissions steel using green hydrogen starting in 2026. As of 2023, nearly 2 billion metric tons of it were being produced ...

Nippon Steel Corp. headquarters is seen in Tokyo's Chiyoda Ward on June 18, 2021. (Mainichi) TOKYO (Kyodo) -- Nippon Steel Corp. said Thursday it will delay the deadline for its planned ...

WASHINGTON — 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 ...

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 ...

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.

After a year of intense debate, it’s now up to President Joe Biden whether to allow the sale of U.S. Steel to Nippon Steel, a Japanese company — a decision that will send a strong signal about ...