President Joe Biden has decided to prevent the $14.1 billion sale of U.S. Steel Corp. to Nippon Steel Corp., according to ...

President Joe Biden's announcement that he would block Nippon Steel’s acquisition of U.S. protects the domestic steel ...

Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion deal for the Japanese company to buy the American steelmaker.

After Nippon Steel's bid was thwarted by the Biden administration, other American competitors are looking for an acquisition.