The company still needs investment badly, and it isn’t clear what game of opportunity and survival is being played at the top ...

President Joe Biden announced that he is blocking the $15 billion proposal by Japan's Nippon Steel to buy U.S. Steel.

United Steelworkers leadership praised Biden's decision while others fear it may end steelmaking in Western Pennsylvania.

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

The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of ...

We need major U.S. companies representing the major share of US steelmaking capacity to keep leading the fight on behalf of ...

The president says the acquisition could threaten national security. Both steel companies say they will fight the decision.

By David Shepardson, Tim Kelly, Andrea Shalal WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden blocked Nippon Steel's ...

President Joe Biden officially announced on Friday he has blocked Nippon Steel's $14.1 billion purchase of U.S. Steel, ...

President Biden blocked Nippon Steel's purchase of U.S. Steel, citing national security. President-elect Trump also opposed ...