GARY, Ind. (CBS) --President Joe Biden blocked a $15 billion proposal by Japan's Nippon Steel to buy U.S. Steel, a deal that Northwest Indiana officials said would have provided a much-needed ...

U.S. Steel said it remains committed to pursuing a deal with Nippon, believing it is best for the U.S. steel industry, supply ...

WASHINGTON—President Joe Biden has blocked Nippon Steel’s $15 billion bid to acquire U.S. Steel. This decision aims to protect jobs, union agreements, and national security while preserving domestic ...

U.S. Rep. Frank Mrvan, D-Highland, speaks during an event celebrating the construction of a pig iron caster at U.S. Steel Gary Works on Thursday, May 26, 2022. (Kyle Telechan for the Post-Tribune) ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. The Biden administration's decision to block Nippon ...

GARY, Ind. (WLS) -- Leaders in Northwest Indiana reacted Friday after President Joe Biden decided to block Japan's Nippon Steel from acquiring U.S. Steel. The U.S. Steel smokestacks along the ...

Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...

Activist investor Ancora called for a shakeup in U.S. Steel leadership on Monday and adding new members to the board of ...

The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the ...