Nippon Steel and U.S. Steel, in the joint statement, say they’re “dismayed by President Biden’s decision” and vow to “take all appropriate action to protect our legal rights.” ...

President Joe Biden rejected the deal between U.S. Steel and Japan's Nippon Steel. The $14 billion acquisition was opposed by ...

"We are dismayed by President Biden's decision to block Nippon Steel's acquisition of US Steel, which reflects a clear ...

President Biden’s announcement on Friday to block Nippon Steel’s acquisition of U.S. Steel is a political decision, not one ...

US Steel and Nippon Steel threatened legal action Friday after President Joe Biden blocked a controversial $14.9 billion deal ...

U.S. Steel employs thousands across its plants and offices in Pennsylvania and the state has about 10% of the nation’s ...

Biden cites national security as a chief reason for his decision, but the steelmakers say the ruling is politically motivated ...

The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...

President Biden said he would block the sale of one of America’s most iconic companies to a Japanese firm. In December 2023, Nippon Steel announced it would buy U.S. Steel for more than $14 billion.

GARY, Ind. - Nippon Steel Corp. of Japan and U.S. Steel announced plans to pursue legal action after President Joe Biden ...

U.S. Steel employs thousands of workers on Minnesota's Iron Range at Minntac in Mountain Iron and Keetac in Keewatin.

Biden blocks Nippon Steel’s investment bid in an act of American economic masochism.