By David Shepardson, Tim Kelly and Katya Golubkova WASHINGTON/TOKYO (Reuters) - U.S. President Joe Biden officially blocked ...

President Joe Biden said Friday he is blocking a $14.3 billion acquisition of US Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his ...

President Joe Biden has officially blocked U.S. Steel‘s takeover by Japan’s Nippon Steel, citing national security concerns. U.S. Steel’s stock dropped by nearly 8% in premarket trading Friday ...

President Joe Biden has decided to block the sale of United States Steel Corp. to Japan’s Nippon Steel Corp., according to ...

The president had indicated his opposition to the proposed acquisition, arguing Pittsburgh-based U.S. Steel should remain American-owned and -operated, though the White House has never said outright ...

U.S. stock futures rose slightly Friday after a choppy trading session kicked off the new year. Futures tied to the Dow Jones Industrial Average added 79 points, or 0.19%. Meanwhile, the S&P 500 ...