On January 3, Biden blocked Nippon Steel Corp’s US$14.9 billion bid for US Steel Corp, citing national security concerns, slightly over a year after Nippon made its offer in December 2023.

Seana Smith and Brad Smith guide investors into the market open while covering top trending stocks and speaking to Wall Street experts on the Morning Brief. With December's jobs report due out this ...

Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.

Seana Smith and Brad Smith guide investors into the market open while covering top trending stocks and speaking to Wall Street experts on the Morning Brief. With December's jobs report due out ...

WASHINGTON — Even as Nippon Steel faced skepticism of its doomed $14.9 billion bid for US Steel from the Biden administration, it was also contending with headwinds from an unlikely source ...

Investors were betting on a grim future for U.S. Steel after President Joe Biden used his legal authority to block the acquisition by Nippon Steel of Japan on Friday. U.S. Steel shares X fell 6% ...

Biden's Decision to Block Nippon Steel Takeover Creates Uncertainty for U.S. Steel Workers WASHINGTON (AP) — By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said ...

On Friday, President Joe Biden officially blocked Nippon Steel of Japan from purchasing the United States Steel Corp. over national security concerns. The decision will invite legal challenges and ...

Nippon Steel Corp. is set to file a lawsuit in response to US President Joe Biden’s decision to block its US$14.1 billion takeover of United States Steel Corp., sources close to the matter said ...

President Biden blocked the sale of U.S. Steel X4.45%increase; green up pointing triangle to Japan’s Nippon Steel 5401-1.30%decrease; red down pointing triangle, fulfilling his pledge to keep ...

Experts say that will not change even after Biden’s rejection of Nippon Steel’s takeover attempt. By River Akira Davis Reporting from Tokyo As signs emerged that President Biden was gearing up ...