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Photo: Will Oliver - Pool via CNP/Zuma Press Nippon Steel and U.S. Steel last week filed a lawsuit against President Biden and the Committee on Foreign Investment in the United States (Cfius ...

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Biden on Friday rejected Nippon Steel’s purchase of the storied American steelmaker, citing national-security concerns.

CFIUS, which reviews foreign investments in the U.S. for national security risks, could not reach consensus on whether to greenlight the Nippon Steel transaction and referred the matter to Biden in ...

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 ...

WASHINGTON, Jan 5 (Reuters) - Even as Nippon Steel faced skepticism of its doomed $14.9 billion bid for U.S. Steel (X.N), opens new tab from the Biden administration, it was also contending with ...

President Joe Biden on Friday blocked US Steel’s (X) $14 billion sale to Japanese giant Nippon Steel on national security concerns, creating new uncertainty for an iconic American steelmaker.

Biden has said U.S. Steel should remain domestically owned and operated. This is the top story in the Wall Street Breakfast newsletter, our daily one-page news summary. You can find a link to sign ...