President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel — something he had first vowed ...

“President Biden claiming Japan’s investment in an American steel company is a threat to national security is a pathetic and craven cave to special interests that will make America less prosperous and ...

Nippon Steel had promised to invest $2.7 billion in U.S. Steel’s aging blast furnace operations in Gary, Indiana, and ...

United States Steel's earnings and margins have declined ... Also, despite recent declines, US Steel still has a good level of working capital that should not negatively impact cash flow in ...

The company doubled its output of raw materials, built more steel plants and by 1943, it employed a staggering 340,000 people. By 1955, thanks in part to technical advances, the United States ...

Japan-based Nippon Steel's $14.9 billion deal for its U.S. peer hangs in the balance, following objections from the Treasury Department's Committee on Foreign Investment in the United States (CFIUS).

Rise of US Steel Paralleled the Arrival of the United States on the World Stage President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan's Nippon Steel on Friday ...

The outgoing US president has cited a strategic need to protect domestic industry. The long expected move cuts off a much needed lifeline of capital for the US icon.