The decision to block U.S. Steel's acquisition by Nippon Steel is the perfect coda to President Joe Biden's political career. By intervening in the ...

The self-inflicted wound on the American steel business is now official. In one of his final significant acts as president, ...

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.

U.S. Steel stock fell 8% ahead of the open Friday on reports President Biden is set to block its takeover by Nippon Steel.

President Joe Biden, citing national security concerns, on Friday blocked Nippon’s acquisition of U.S. Steel, an important ...

The move wasn't unexpected despite efforts by the Japanese government to persuade the Biden administration to approve the ...

A Norfolk woman has been charged with murder in the death of her infant granddaughter after police initially could not ...

President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong ...

President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based ...

Biden’s decision comes after the Committee on Foreign Investment in the United States, known as CFIUS, failed to reach a ...

President Joe Biden has blocked the $14.1 billion sale of United States Steel Corp. to Nippon Steel Corp., killing a ...