U.S. stocks rebounded on Friday as investors neared the end of a holiday-shortened week that also rang in a new year, which ...

By David Shepardson, Tim Kelly, Andrea Shalal WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden blocked Nippon Steel's ...

The move comes after a year of political and economic drama. It leaves the future of the once-iconic American business in ...

The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once ...

The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...

U.S. stocks on Friday surged, as Wall Street finally appeared to shake off the doldrums afflicting it this week. A dull end ...

The Committee on Foreign Investment in the United States (CFIUS) spent months reviewing the deal for national security risks but referred the decision to Biden in December, after failing to reach ...

Saying a sale would threaten U.S. security, President Joe Biden blocked a Japanese company’s $15 billion bid to purchase Pennsylvania’s U.S. Steel on Friday. “Steel production — and the steel workers ...

The embattled $14.9 billion bid will likely be scrapped if the President declines to approve Nippon Steel's merger plan, administration officials said.

Outgoing Sen. Sherrod Brown (D-Ohio) on Friday hailed President Biden’s decision to block the takeover of U.S. Steel by Japan ...

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