With reports that President Joe Biden is preparing to block U.S. Steel’s sale to a Japanese company, a high-stakes battle with significant political and labor implications is unfolding.

In a recent development, U.S. Steel (NYSE:X) has indicated that it may consider shutting down its steel mills and potentially relocating its headquarters from Pittsburgh if its proposed sale to ...

The White House has faced backlash for politicizing its review of Nippon Steel’s takeover of the company. By Alan Rappeport Andrew Duehren and Lauren Hirsch Alan Rappeport and Andrew Duehern ...

Both Kamala Harris and Donald Trump have come out against the sale as they campaign to win the White House. But US Steel planned a staff rally later on Sept 4 in support of the takeover.

US Steel is warning the White House not to block its sale to Nippon Steel. The company floated massive job cuts in Pennsylvania, a key swing state. Reports say Biden will reject the sale, and both ...

Standing before a sea of workers in orange jackets and hard hats, U.S. Steel executive Scott Buckiso argued for a $14.9 billion sale to Nippon ... stainless steel plant near Butler — and on ...

HARRIS’S COMMENTS BROUGHT CHEERS FROM UNION MEMBERS AT HER LABOR DAY RALLY, AND IT IS VITAL FOR OUR NATION TO MAINTAIN STRONG AMERICAN STEEL COMPANIES. AND I COULDN’T AGREE MORE WITH PRESIDENT ...

Cancel anytime. The White House is signaling an openness to formally blocking the acquisition of U.S. Steel by Nippon Steel. President Joe Biden plans to stop the deal from going forward.

PITTSBURGH (KDKA) -- U.S. Steel ... the sale. "U.S. Steel has been an amazing company to work for the past 17 years, and I have been able to provide a great quality of life for me and my family.

He said the sale would allow US Steel to invest in its older mills in Gary, Ind., and its Mon Valley Works plant near Pittsburgh — something the company has had to cut back over the past decade ...

2-Year U.S. Treasury Note Continuous Contract $103.988 0.008 0.01% 5-Year U.S. Treasury Note Continuous Contract $109.641 0.039 0.04% 10-Year U.S. Treasury Note Continuous Contract $113.953 0.047 ...

The White House is signaling an openness to blocking the acquisition of U.S. Steel by Nippon Steel, as a government review of the proposed takeover by the Japanese company is wrapping up.