President Joe Biden blocked the deal, however, and Trump has indicated that he doesn’t want the steel company to be owned by a foreign company either. U.S. Steel CEO David Burritt recently went on ...

A 123-year-old steelmaker’s fate could yet become a restraint on modern-day executive power. United States Steel and suitor ...

Both Biden and President-elect Donald Trump have courted unionized workers at U.S. Steel and vowed to block the acquisition amid concerns about foreign ownership of a flagship American company.

U.S. Treasury Secretary Janet Yellen said on Wednesday that Nippon Steel's blocked acquisition of U.S. Steel received a ...

U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel on national security grounds isn’t the first time friction over trade and investment has irked Washington’s ...

President-elect Trump has also opposed Nippon Steel's $15 billion acquisition of U.S. Steel, which President Biden blocked ...

Biden says he blocked the $14 billion takeover of U.S. Steel by Nippon Steel on the grounds the sale was a threat to national ...

President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade ...

The critics’ focus on politics reflects that they are flat wrong on the merits. If the merger went through, it could leave ...

Blocking Nippon Steel from acquiring U.S. Steel lays the groundwork for a major consolidation of American steelmaking that ...

The Japanese firm’s planned purchase of its U.S. rival was blocked last week by President Joe Biden after a year of ...