Senior administration officials had reservations about calling Nippon Steel’s takeover proposal a “national security risk.” ...

"We are dismayed by President Biden's decision to block Nippon Steel's acquisition of US Steel, which reflects a clear ...

US benchmark equity indexes rose Friday as traders parsed the latest manufacturing sector data and remarks by a Federal Reserve official. The Nasdaq Composite gained 1.8% to 19,621.7, while the S&P ...

The proposal by Japan’s Nippon Steel company to buy the venerable 124-year-old steel company based in Pittsburgh had been on ...

The Committee on Foreign Investment in the United States (CFIUS) spent months reviewing the deal for national security risks but referred the decision to Biden in December, after failing to reach ...

By David Shepardson, Tim Kelly, Andrea Shalal WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden officially blocked Nippon ...

The embattled $14.9 billion bid will likely be scrapped if the President declines to approve Nippon Steel's merger plan, administration officials said.

Joe Biden said the deal would create "risk for our national security and our critical supply chains." President-elect Trump ...

The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security ...

Outgoing Sen. Sherrod Brown (D-Ohio) on Friday hailed President Biden’s decision to block the takeover of U.S. Steel by Japan ...

US President Joe Biden is poised to officially block Nippon Steel's proposed USD 14.9-billion purchase of US Steel, a person ...

Wall Street's main indexes moved higher on Friday as technology stocks rebounded from a losing streak, while investors geared up for potential policy shifts under the incoming Trump administration. At ...