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President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company Nippon Steel, capping off a yearlong business saga that drifted into ...

President Joe Biden blocked the nearly $15 billion bid by Japan-based Nippon Steel Corp. to acquire United States Steel Corp., citing national security concerns. The Biden administration issued an ...

President Biden has blocked the acquisition of U.S. Steel by Japanese company Nippon Steel. NBC News' Kelly O'Donnell reports on how the president came to the decision and the impact it could have ...

Biden's move had been widely expected. Bloomberg reported in mid-December that the president would block Nippon's takeover bid on national security grounds. President-elect Trump said in a Truth ...

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President Joe Biden on Jan. 3 blocked the $15-billion sale of U.S. Steel Corp. to Nippon Steel Corp. under the federal Defense Production Act—citing national security concerns and "credible ...

Department of Chemical Engineering and Materials Science, University of Minnesota, Minneapolis, Minnesota 55455, United States ...