US Steel (NYSE:X) shares settled -6.5% while ADRs of Nippon Steel (OTCPK:NPSCY) (OTCPK:NISTF) ended -0.8% on Friday after ...

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 ...

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

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

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

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 ...

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 ...

President Joe Biden's decision to block Nippon Steel's $14.9 billion acquisition of U.S. Steel had been telegraphed ...

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