President Biden is blocking U.S. Steel's merger with a Japanese company. But a new owner can't do worse by Gary than U.S.

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The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year.

President Joe Biden's decision to block Nippon Steel's $14.9 billion acquisition of U.S. Steel had been telegraphed ...

"As I have said many times, steel production—and the steelworkers who produce it—are the backbone of our nation. A strong ...

“It is important that we maintain strong American steel companies powered by American steel workers,” Biden said in a March ...

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Even if losing domestic sources of primary steel does not seem like a national security threat today, it might tomorrow.

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