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Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business ...

President Joe Biden has blocked an attempt by the Japanese company Nippon Steel to acquire Pittsburgh-based U.S. Steel for $15 billion dollars. “This acquisition would place one of America’s ...

The pledge came in response to a Dec. 14 CFIUS letter, which said that U.S. Steel — once owned by a Japanese company — “could reduce its participation in U.S. trade remedy investigations and ...

WASHINGTON − President Joe Biden on Friday blocked the sale of U.S. Steel to a Japanese buyer in an extraordinary use of presidential power he said protects an American industry vital to ...

Japanese companies needing to grow have sought out American deals. Experts say that will not change even after Biden’s rejection of Nippon Steel’s takeover attempt. By River Akira Davis ...

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.

U.S. Steel and Nippon Steel said Monday they are suing the U.S. government over President Joe Biden’s blocking last week of the $14.1 billion sale of the iconic American company to the Japanese firm ...

Japanese Prime Minister Shigeru Ishiba in November urged Biden to approve the merger so as to avoid marring recent efforts to strengthen ties between the two countries. Nippon Steel had aimed to ...