U.S. President Joe Biden has decided to officially block Nippon Steel's proposed purchase of U.S. Steel, Washington Post reported on Thursday, citing two administration officials who were not ...

Nippon Steel had urged Biden to consider the measures it has taken to address security concerns. US Steel had echoed the sentiment, emphasizing that the deal enhances both US economic and national ...

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President-elect Donald Trump in December also voiced his opposition to the proposed takeover in a social media post. "I am totally against the once great and powerful U.S. Steel being bought by a ...

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 ...

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The United States Steel logo is pictured outside the headquarters building in downtown Pittsburgh. File image/ AP By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he ...

WASHINGTON — President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the ...

President Joe Biden officially blocked Nippon Steel’s proposed $14.9 billion ... according to The Washington Post. In a November letter, Japanese Prime Minister Shigeru Ishiba urged Biden ...