Former President Joe Biden blocked the $14.1 billion deal in January, citing national security concerns. Shares of U.S. Steel (X) jumped on Monday after President Donald Trump said the company's ...

Shares of U.S. Steel are hitting a 52-week high after President Donald Trump ordered a new national security review of Nippon Steel's proposed bid to buy U.S. Steel for nearly $15 billion. President ...

Nippon Steel’s $15bn (Y2.35trn) bid to take over US Steel was officially shut down by US President Joe Biden last Friday. The decision came after a national security committee reviewing the deal ...

President Joe Biden will reportedly officially block the purchase of U.S. Steel by Japan's Nippon Steel due to concerns that the purchase could threaten national security. The president’s ...

United States President Joe Biden has decided to block the proposed takeover of US Steel by Japan’s Nippon Steel, US media has reported. Biden is expected to announce his decision to scuttle the ...

(The Center Square) – President Joe Biden blocked a $14.9 billion buyout of Pittsburgh-based U.S. Steel on Friday. The move, albeit not surprising after a year of negotiations that left the ...

Selling United States Steel Corp. to Nippon Steel Corp. would pose a risk to national security as well as to the entire ...

Nippon Steel and US Steel filed suit Monday over US President Joe Biden's decision to block the Japanese giant's proposed acquisition of its American rival, accusing his administration of "illegal ...

United States President Joe Biden rejected Japan’s Nippon Steel takeover deal with US steel, sparking animosity with the Japanese government. Biden justified the rejection, citing national ...