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 Washington Post is reporting that U.S. President Joe Biden has decided to block Nippon Steel's US$15 billion acquisition ...

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.

President Joe Biden said Friday he is blocking the nearly $15 billion sale of Pittsburgh-based U.S. Steel to the Japanese-owned Nippon Steel, ending ...

WASHINGTON/TOKYO -- U.S. President Joe Biden on Friday blocked Nippon Steel's $14.9 billion bid for U.S. Steel, marking the first time that a president has issued an order to halt a Japanese company's ...

The president's rejection of Nippon Steel's offer to buy U.S. Steel ignites another debate about the industry's role in ...

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 ...

Even with its December decline, Nvidia shares ended 2024 up more than 150%. Analysts have remained bullish on the stock, estimating shares will rise to roughly $173 over the next year from their ...

Stocks were solidly higher in mid-afternoon trading Friday, led by a rally in shares of large-cap technology companies, as ...

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