President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...

The decision came after a government panel failed to reach ... also campaigning against the sale. "This acquisition would place one of America's largest steel producers under foreign control ...

SO WE’LL BE WATCHING U.S. STEEL’S FUTURE DECISIONS CLOSELY. ROBICHAUX TELLS ME THIS DEAL COULD STILL GO THROUGH IF A COURT OVERTURNS THE DECISION, BU On Friday, President Joe Biden blocked the $14.9 ...

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Biden’s decision comes after the Committee on Foreign Investment in the U.S., a federal interagency panel, spent months reviewing the $14.1 billion deal for potential national-security risks.

President Biden has announced he will block the sale of U.S. Steel to Japanese-owned Nippon Steel, saying the acquisition would “create risk for our national security and our critical supply ...

President Joe Biden on Friday blocked US Steel’s (X) $14 billion sale to Japanese giant Nippon ... United States (CFIUS), a federal interagency panel, spent months reviewing the acquisition ...

President Joe Biden's decision to block the sale of U.S. Steel to Nippon Steel raises questions about the future of Gary Works, the city's largest employer and the thousands of jobs tied to it.

President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase ... federal agencies represented on the panel were skeptical that allowing a Japanese ...