justified the decision by citing risk for US national security and critical supply chains, emphasizing the importance of keeping one of the country's largest steel producers under domestic control.

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Biden said there is "credible evidence" that Nippon Steel "might take action that threatens to impair the national security of the United States." "This action reflects my unflinching commitment ...

CFIUS (pronounced SIFF-ee-yuhs) voiced concerns that the transaction could pose a national security threat to the United States by potentially leading to a decline in American steel production.

US Steel Corporation workers rally outside the company's headquarters in Pittsburgh, Pennsylvania, supporting the takeover by Japan's Nippon Steel, on September 4, 2024. United States Steel warned ...

In blocking the deal Friday, Biden pointed to what he said was “credible evidence” that Nippon Steel’s $14.1 billion bid would “create risk for our national security and our critical ...

Biden cited threats to national security in rejecting the Nippon Steel purchase, saying US ownership was important to keeping the US steel industry and its supply chains strong. His intervention ...

Steel barriers on New Orleans’s Bourbon Street ... Police had reinforced the area, but a truck was able to get around the additional security and drive into the crowds on Bourbon Street shortly ...

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A car and driver had been readied to whisk Jason Bannan from FBI headquarters early one morning in August 2021 to brief the White House on a novel virus that was killing hundreds of thousands of ...

If anything, Nippon's acquisition of U.S. Steel, and its multi-billion-dollar investments in the company, will bolster national security by increasing domestic steel production, argues Veronique ...