United States Steel Corp. surged the most this year after The Washington Post reported that President Joe Biden wouldn’t immediately move to block Nippon Steel Corp.’s takeover bid.

United States Steel Corp. surged the most this year after the Washington Post reported President Joe Biden wouldn’t immediately move to block Nippon Steel Corp.’s takeover bid.

HARRISBURG, Pa. (AP) — Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a deal that gives the U.S. government a say in some matters and comes a ...

The U.S. Steel Granite City plant, pictured here Wednesday, Sept. 20, 2023, is among the facilities facing uncertainty after President Joe Biden blocked Nippon Steel’s proposed takeover of the ...

Nippon Steel completes its purchase of U.S. Steel after more than a year and half of high-stakes negotiations and national security concerns.

The US government will have veto power over key decisions relating to US Steel, as part of a deal with Nippon Steel that would approve the Japanese firm’s bid for the well-known American steel ...

White House officials are signaling that President Biden will not imminently move to block Nippon Steel’s bid to acquire US Steel amid mounting concerns over the political and economic ...

But, it said, it remains concerned that U.S. Steel is a critical producer in a critical domestic industry and that Nippon Steel is a foreign corporation with a long track record of violating U.S ...

President Joe Biden is preparing to block Nippon Steel Corp.’s $14.1 billion takeover of United States Steel Corp., according to people familiar with the matter.

President Biden will decide on the acquisition of US Steel by Japan's Nippon Steel after the matter was deadlocked by the Committee on Foreign Investment in the United States.

United States Steel Corp. shares rose Monday after cable financial news channel CNBC reported that Cleveland-Cliffs Inc. and Nucor Corp. are considering a takeover bid of the American steelmaker.

Biden’s decision to block Nippon Steel takeover creates uncertainty for US Steel workers Paul Wiseman and Marc Levy Associated Press Jan 5, 2025 ...