The long United States Steel saga has suddenly become a matter of urgency. Boss David Burritt is fighting to salvage a $15 ...

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 ...

President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a ...

Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion ...

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 ...

Editor’s note: In the wake of President Joe Biden’s decision to block the sale of U.S. Steel to Japan-based Nippon Steel, many regional leaders voiced reactions. Allegheny Conference on ...

The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in doubt.

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 under ...

Shares of U.S. Steel sank Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to Japan's Nippon Steel.