President Joe Biden will reportedly block the sale of U.S. Steel to Nippon Steel. KDKA-TV's Chris Hoffman reports.
The Committee on Foreign Investment in the United States, or CFIUS, is reviewing the bid of the potential sale to see if there are national security concerns.
The major U.S. index futures are currently pointing to a higher open on Wednesday, with stocks likely to regain ground after moving ...
Here's a timeline of events leading up to the deal between the two steelmakers: Nippon Steel, citing national security ...
U.S. President Joe Biden reportedly plans to formally block the $14 billion sale of U.S. Steel to Japan's Nippon Steel on ...
A U.S. government panel is set to submit its recommendations this month on whether a Japanese takeover of U.S. Steel would ...
WASHINGTON (KDKA) - President Joe Biden is reportedly preparing to block the sale of U.S. Steel to Nippon Steel . As of ...
Some believe that the move will help US Steel regain its growth trajectory. However, President Biden may have different ...
The report comes days before the Committee on Foreign Investment in the United States is set to make a decision on the deal.
U.S. President Joe Biden plans to formally block Nippon Steel's proposed takeover of U.S. Steel on national security grounds ...
Nippon Steel on Wednesday slammed the "inappropriate" role of politics after Bloomberg News reported that President Joe Biden ...
Proponents of quantum computing claim it will be able to solve problems that current computers can't. The theory is that ...