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The timing also would mean higher costs for rebuilding efforts in L.A. County communities destroyed by wildfires.

Biden said he blocked the $14 billion takeover of U.S. Steel by Japan's Nippon Steel on the grounds the sale was a threat to national security. "It is my solemn responsibility as president to ...

WHEN ASKED IF U.S. STEEL CAN REMAIN COMPETITIVE WITHOUT A SALE, MCCALL SAID THIS STEELWORKERS IN AMERICA ARE THE MOST PRODUCTIVE STEEL WORKERS IN THE WORLD, SO WE CAN COMPETE WITH ANYBODY.

S. Steel’s Granite City Works, where it will be transformed into liquid steel. (U.S. Steel) President Joe Biden announced Friday that he will block the sale of U.S. Steel to Japanese company Nippon ...

Biden said he blocked the $14 billion takeover of U.S. Steel by Japan‘s Nippon Steel on the grounds the sale was a threat to national security. The Edgar Thomson Works in Braddock, Pennsylvania ...

US Steel has gone to court to salvage its sale to a Japanese steelmaker. President Biden moved to block that sale last week, citing national security concerns. U.S. Steel is going to court to try ...

Saying a sale would threaten U.S. security, President Joe Biden blocked a Japanese company’s $15 billion bid to purchase Pennsylvania’s U.S. Steel on Friday. “Steel production — and the steel workers ...

with Republican President-elect Donald Trump and incoming vice president JD Vance also campaigning against the sale. “This acquisition would place one of America’s largest steel producers ...

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 ...