Sen. Mitch McConnell (R-Ky.) argued President Biden is selling out to Big Labor by blocking the sale of U.S. Steel to Japanese-owned Nippon Steel. “The Biden administration will leave America ...

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The U.S. Steel CEO and some economists complained that Biden’s decision was based on political loyalty to American workers and unions, not the country’s broader economic and security interests.

Almost as soon as President Joe Biden announced he would block Nippon Steel’s acquisition of U.S. Steel, the caterwauling began. The U.S. Steel CEO and some economists complained that Biden’s decision ...

As he heads for the exit, however, one of Biden's final executive actions lays the groundwork for a massive consolidation of the American steel industry. In blocking U.S. Steel's acquisition by ...

(Photo: U.S. Steel) Nippon Steel and U.S. Steel filed a lawsuit Monday alleging President Joe Biden unlawfully blocked Nippon’s $14.9 billion purchase of the American steel maker. Biden on Friday ...

Nippon Steel and US Steel have sued the Biden administration for blocking their $15 billion merger, claiming the decision was politically motivated and violated their rights. President Biden cited ...

Even if losing domestic sources of primary steel does not seem like a national security threat today, it might tomorrow. On Friday, President Joe Biden announced his decision to block the $14 ...

President Joe Biden decided to block the $14 billion takeover of US Steel by Japan’s Nippon Steel even though some top US officials did not believe there were sufficient national security ...

U.S. Steel and Nippon Steel of Japan filed a lawsuit Monday against the U.S. government over President Biden’s decision to block their $14.3 merger. The two companies alleged Biden’s actions ...

President Biden’s decision to block the sale of United States Steel to the Japanese company ... for foreign direct investment.” On his watch, foreign direct investment increased by more ...