President Joe Biden controversially blocked the nearly $15 billion proposed acquisition of Pittsburgh-based US Steel by Japan ... was made due to national security concerns," added the government ...

to Nippon Steel Corp. under the federal Defense Production Act—citing national security concerns and "credible evidence" that the Japan-based steelmaker "might take action that threatens to ...

proposed $14.9 billion acquisition of US Steel (X), citing various national security concerns and risks. George Mason University Founder and Executive Director of the National Security Institute ...

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 ...

Biden, however, cited steps his administration has taken to strengthen the steel industry in the United States while warning that national security concerns if such a prominent steel company was ...

US President Joe Biden Friday blocked Japanese Nippon Steel’s $14.9 billion bid to purchase US Steel, citing that the deal could hurt national security. The move, long expected, cuts off a critical ...

US Steel's £11.4billion sale to a Japanese rival has been blocked by Joe Biden on national security grounds. Shares in the American giant fell around 7 per cent in response to the outgoing US ...

WASHINGTON: US President Joe Biden on Friday (Jan 3) followed through on his pledge to block Nippon Steel's US$14.9 billion bid for US Steel, citing concerns the deal could hurt national security.

In an announcement released Friday, the outgoing president, who has less than three more weeks in office, said he was blocking the proposed $14 billion takeover from Nippon Steel of Japan because of ...

US President Joe Biden on Friday blocked the sale of US Steel to Japan's Nippon Steel, citing concerns that the deal could threaten national security and industrial supply chains. The companies ...