U.S. Steel slammed President Joe Biden in a statement on Friday for blocking the sale of the company to Japanese manufacturing giant Nippon Steel. “President Biden’s action today is shameful and corrupt,” said U.S. Steel President and CEO David Burritt. “He gave a political payback to a union boss out of touch with his members ...

U.S. Steels president and CEO declared President Bidens decision to block the company from being acquired by the Japanese corporation, Nippon Steel, shameful and corrupt in a Friday afternoon statement. President Biden's action today is shameful and corrupt. He gave a political payback to a union boss out of touch with his members while harming...

The Biden Administration blocked the purchase of U.S. Steel by Japan's Nippon. Here's what could happen next.

President Joe Biden's decision to block Nippon Steel's takeover of U.S. Steel cheered environmental advocates who said Nippon's deal was bad for the climate.

The Biden Administration blocked the purchase of U.S. Steel by Japan's Nippon. Here's what could happen next.

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Biden blocks US Steel sale President Biden has announced he will block the sale of U.S. Steel to Japanese-owned Nippon Steel, saying the acquisition would "create risk for our national security and our critical supply chains."...

The Japanese company expressed its outrage at Biden's decision to halt its takeover of U.S. Steel on Friday.

Labor groups applauded as businesses leveled sharp criticism Friday at the decision by the Biden administration to block the acquisition of steelmaker U.S. Steel by Japanese rival Nippon Steel over national security concerns. Nippon and U.S. Steel said they were dismayed by the decision and said the administration didnt present any evidence that the deal...

It was not shocking that the Committee on Foreign Investment in the United States sought todefer a decisionon Nippon Steels $14 billion offer to acquire Pennsylvanias U.S. Steel

Outgoing Sen. Sherrod Brown (D-Ohio) on Friday hailed President Bidens decision to block the takeover of U.S. Steel by Japans Nippon Steel, a deal that was valued at $14 billion. The deal was made behind closed doors without workers at the table. It represented a clear threat to America's national and economic security and our ability...

Outgoing Sen. Sherrod Brown (D-Ohio) on Friday hailed President Bidens decision to block the takeover of U.S. Steel by Japans Nippon Steel, a deal that was valued at $14 billion. The deal was made behind closed doors without workers at the table. It represented a clear threat toAmerica's national and economic security and our ability...

Allowing it to purchase U.S. Steel would have offered it the opportunity to further destabilize our trade system from within," said David McCall.

The president said it was his "responsibility to block foreign ownership of this vital American company

President Joe Biden officially announced on Friday he has blocked Nippon Steel's $14.1 billion purchase of U.S. Steel, setting up a likely federal court battle.

The proposed tie-up has faced opposition within the United States since it was announced a year ago, with both Biden and his incoming successor Donald Trumptaking aimat it

President Joe Biden has rejected the nearly $15 billion proposed deal to purchase Pittsburgh-based U.S. Steel

President Biden is formally blocking the sale of U.S. Steel to a Japanese buyer, saying production of the alloy is critical for infrastructure and defense and should remain in American hands.

President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. We need major U.S. companies representing the major share of US steelmaking capacity to keep leading the fight on behalf of Americas national interests, Biden said in a statement. As a...