President Biden's decision to block Nippon Steel's proposed acquisition of U.S. Steel for $14 billion was based on national security concerns – a rationale that has sparked pushback. Biden ...

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3, Biden said the Japanese steelmaker “might take action that threatens to impair the national security of the United States.” Nippon Steel and U.S. Steel said the order does not “present ...

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Legacy: Steel and Sorcery, from ex-Blizzard developers, challenges that with a fantastical spin on the extraction shooter, and it finally has a firm launch date. Once you’ve designed your ...

President Joe Biden controversially blocked the nearly $15 billion proposed acquisition of Pittsburgh-based US Steel by Japan ... was made due to national security concerns," added the government ...

Domestic steel production is essential to U.S. security, Biden said. President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon ...

to Nippon Steel Corp. under the federal Defense Production Act—citing national security concerns and "credible evidence" that the Japan-based steelmaker "might take action that threatens to ...

CFIUS (pronounced SIFF-ee-yuhs) voiced concerns that the transaction could pose a national security threat to the United States by potentially leading to a decline in American steel production.

Shares in US Steel fell on Friday after President Joe Biden blocked a $14 billion takeover by Nippon Steel. In a statement, Biden said a committee of national security and trade experts had found ...