President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan's Nippon Steel on Friday — something he had first vowed to do in March. His decision comes after the Committee on Foreign Investment in the United States,

Trump opposes U.S. Steel's sale to Nippon, but CEO David Burritt believes he can convince the president-elect that the deal is in the interest of U.S. workers.

Nippon Steel said it wouldn't be deterred by Biden’s decision last week to block its $15 billion bid for the storied U.S. steelmaker.

When Nippon Steel's winning $55-a-share cash bid for United States Steel Corp. was announced Dec. 18, 2023, both companies expected to close on the deal in the second or third quarter of 2024.

United Steelworkers International President David McCall said Friday afternoon that he had no reason to believe that President-elect Donald J. Trump would turn back the decision to block United States Steel Corp.

United States Steel’s earnings and margins decline in 2024. Learn why X stock is slightly overvalued at $30, with a fair value of $25 per share.

By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead.

Japan-based Nippon Steel's $14.9 billion deal for its U.S. peer hangs in the balance, following objections from the Treasury Department's Committee on Foreign Investment in the United States (CFIUS).

While a future United States Navy warship probably won't prominently feature a stamp that says "Made in South Korea"—or perhaps even "Made in Japan"—such notions aren't really all that farfetched. Future warships could be made in foreign ports,

Let’s have faith that Trump will reject the Biden administration’s politically motivated interference in the deal or get an even bigger, more spectacular one.

Canada plans retaliatory tariffs on U.S. products, including orange juice and steel, if Trump imposes tariffs on Canadian goods, escalating trade tensions between the nations.