President Joe Biden controversially blocked the nearly $15 billion proposed acquisition of Pittsburgh-based US Steel by Japan ... was made due to national security concerns," added the government ...

An icon in the shape of a lightning bolt. Impact Link Shares in US Steel fell on Friday after President Joe Biden blocked a $14 billion takeover by Nippon Steel. In a statement, Biden said a ...

Domestic steel production is essential to U.S. security, Biden said. President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon ...

compromise our ability to meet our own national security and critical infrastructure needs,” McCall said. McCall insisted that US Steel has the financial wherewithal to make the company strong ...

Biden, however, cited steps his administration has taken to strengthen the steel industry in the United States while warning that national security ... Alaska Airlines door plug incident Jan.

What could be the most powerful machine gun in human history is being developed by Chinese scientists and engineers. This weapon consists of five or more barrels, with each barrel capable of ...

China is pushing the boundaries of weapons technology with the development of a new rapid-fire machine gun. Equipped with at least five barrels, this weapon can fire up to 450,000 rounds per ...

Biden said there is "credible evidence" that Nippon Steel "might take action that threatens to impair the national security of the United States." "This action reflects my unflinching commitment ...

to Nippon Steel Corp. under the federal Defense Production Act—citing national security concerns and "credible evidence" that the Japan-based steelmaker "might take action that threatens to ...

Why did President Biden block Nippon Steel’s takeover of US Steel? President Biden blocked the deal due to national security concerns, as US Steel is considered a critical industry for the United ...

US President Joe Biden on Friday blocked the sale of US Steel to Japan's Nippon Steel, citing concerns that the deal could threaten national security and industrial supply chains. The companies ...