The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...

The president says the acquisition could threaten national security. Both steel companies say they will fight the decision.

Biden blocks Nippon Steel’s investment bid in an act of American economic masochism.

A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel ...

WASHINGTON (AP) — President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase ...

Following President Joe Biden's blocking of the sale of United States Steel Corp. to Nippon Steel Corp., several mayors and ...

The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership ...

Automakers' lobbying groups indicated support for the acquisition under the belief it would've increased supply and offered ...

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

Japan’s outbound M&A volume grew by 36% to nearly $45 billion last year. By September 2024, outbound M&A from Japan to the ...

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