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The Latest Breaking News from US Steel

Stocks Set to Open Higher as Investors Await Fed Minutes and U.S. Jobs Data, Fed Speak on Tap

March S&P 500 E-Mini futures (ESH25) are up +0.45%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.71% this morning, pointing to a strong opening on Wall Street, while investors looked ahead to the publication of the minutes of the Federal Reserve’s latest policy meeting, comments from Federal Reserve…

Barchart

Japan PM Says Blocked US Steel Deal Could Hit Investments

Japan's prime minister on Monday urged Washington to dispel concerns that a decision by Joe Biden to block Nippon Steel's takeover of US Steel could impact future investments.

International Business Times

President Biden Blocks Japanese Takeover Of U.S. Steel

President Biden's decision to block a Japanese company's takeover of U.S. Steel raises concerns about American steel industry jobs and investments.

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Biden's decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers

By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden says he is protecting good jobs in the American heartland

The Independent UK

Nippon Steel and US Steel Hit Back At Biden's 'Unlawful Decision' To Block Sale

The president rejected the $14.9 billion deal between the steelmakers over national security concerns.

International Business Times

Rise of US Steel paralleled the arrival of the United States on the world stage

President Joe Biden blocked the $15 billion acquisition of U.S. Steel by Japan’s Nippon Steel — something he had first vowed to do in March

The Independent UK

Blocking the U.S. Steel Sale Is a Perfectly Disgraceful End to Biden's Political Career

It's a disgraceful decision that serves as a perfect epitaph for Biden's political career.

Reason

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Biden blocks $14.9B sale of U.S. Steel

The president said it was his "responsibility to block foreign ownership of this vital American company”

Salon

Biden blocks sale of US Steel to Japan’s Nippon Steel

Biden cites need to ‘level playing field’ in long anticipated blocking of $14.6bn sale likely to roil ties with Tokyo.

Al Jazeera

Corpse President Says Companies Can't Do What They Want

Plus: Subway system crime by the numbers, Bernie Sanders' H-1B visa hate, surgeon general still stupid, and more...

Reason

President Biden Rejects Nippon Steel's U.S. Steel Acquisition Deal

President Biden blocks the billion acquisition of U.S. Steel by Nippon Steel, citing national security concerns and potential strain on U.S.-Japan rela...

Top News

President Biden To Block .3B US Steel Deal

President Biden's decision to block the acquisition of US Steel by Nippon Steel raises national security concerns and highlights the importance of American...

Latin Times

Biden To Block US-Japan Steel Deal: US Media

The decision was left with Biden after a US government panel failed to reach a consensus in late December on whether US Steel's acquisition by Nippon Steel threatens Washington's national security.

Roll Call

Biden blocks Nippon purchase of US Steel - Roll Call

President Biden blocked Nippon Steel's purchase of U.S. Steel, citing national security. President-elect Trump also opposed the deal.

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International Business Times

Biden To Block US Steel Takeover By Nippon Steel: Reports

A White House announcement of the presidential finding is being planned unless Biden has a last-minute change of heart, according to the Washington Post and the New York Times.

Al Jazeera

Biden to block Nippon Steel’s takeover of US Steel, reports say

US president expected to announce decision to block proposed sale of Pittsburgh-based steelmaker as early as Friday.

International Business Times

Asian Stocks Begin Year On Cautious Note

Asian stocks began 2025 mostly in the red on Thursday after worries about US interest rates, tariffs, and China's economy gave Wall Street the holiday blues for a fourth straight session.

International Business Times

Asia Stocks Begin Year On Cautious Note

Asian stocks began 2025 mostly in the red on Thursday after worries about US interest rates, tariffs and China's economy gave Wall Street the holiday blues for a fourth straight session.

Reason

Bootleggers and Baptists in the U.S. Steel Deal

Progressives and environmental groups have teamed up with a rival steelmaker to lobby against the U.S. Steel deal.

Reason

Nippon Steel-U.S. Steel Merger Poses No National Security Threat

The Committee on Foreign Investment doesn't recommend blocking the merger, and neither should President Joe Biden.

Salon

Biden to decide Nippon-U.S. Steel deal

Biden has opposed the takeover and believes U.S. Steel should be domestically owned and operated

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