U.S. Steel Stock Tumbles as Biden Blocks Nippon Steel Takeover
The self-inflicted wound on the American steel business is now official. In one of his final significant acts as president, ...
What Pennsylvania officials are saying about Biden’s decision to kill the U.S. Steel deal
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 ...