Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.

U.S. Steel stock fell 8% ahead of the open Friday on reports President Biden is set to block its takeover by Nippon Steel.

President Joe Biden, citing national security concerns, on Friday blocked Nippon’s acquisition of U.S. Steel, an important ...

The move wasn't unexpected despite efforts by the Japanese government to persuade the Biden administration to approve the ...

A Norfolk woman has been charged with murder in the death of her infant granddaughter after police initially could not ...

President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong ...

President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based ...

Biden’s decision comes after the Committee on Foreign Investment in the United States, known as CFIUS, failed to reach a ...

President Joe Biden has blocked the $14.1 billion sale of United States Steel Corp. to Nippon Steel Corp., killing a ...

WASHINGTON (WLUC/AP) - President Joe Biden rejected a nearly $15 billion proposal from Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — more than a year after U.S. Steel itself rejected ...

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Biden ...

The proposal by Japan’s Nippon Steel company to buy the venerable 124-year-old steel company based in Pittsburgh had been on ...