President Biden Friday followed through on a promise to block the sale of US Steel to Japanese-owned Nippon Steel, citing ...
U.S. presidents have vast legal power to interrupt business in the name of national security. President Biden exercised that Friday.
In a statement Biden said, “As a committee of national security and trade experts across the executive branch determined, ...
Mr. Biden says he blocked the $14 billion takeover of U.S. Steel by Japan's Nippon Steel on the grounds the sale was a threat ...
BRADDOCK, Pennsylvania -- The fate of the Edgar Thomson Works, a massive steel plant that has hugged the same spot along the ...
Pawport introduced a new, upgraded smart pet door. This pet door actually mounts on top of existing pet doors without a ...
In an extremely unusual situation, the U.S. president has used his authority to block the planned purchase of a U.S. company ...
“The deal was made behind closed doors without workers at the table. It represented a clear threat to America’s national and economic security ... owned and operated steel industry that ...
Outgoing Sen. Sherrod Brown (D-Ohio) on Friday hailed President Biden’s decision to block the takeover of U.S. Steel by Japan ...
An icon in the shape of a lightning bolt. Impact Link Shares in US Steel fell on Friday after President Joe Biden blocked a $14 billion takeover by Nippon Steel. In a statement, Biden said a ...
Nippon Steel touted the $14.9 billion deal as a lifeline for its rusting US rival, but opponents warned that the Japanese ...