Biden to Block Sale of U.S. Steel to Nippon Steel: Report

Washington, Jan. 2 (Jiji Press)--U.S. President Joe Biden has decided to block the proposed sale of United States Steel Corp. to Japan's Nippon Steel Corp., The Washington Post reported Thursday. Biden is expected to announce the decision as early as Friday. He apparently concluded that the sale of U.S. Steel to a foreign company will pose a national security risk through a potential red...

Biden to Block Sale of U.S. Steel to Nippon Steel: Report
Washington, Jan. 2 (Jiji Press)--U.S. President Joe Biden has decided to block the proposed sale of United States Steel Corp. to Japan's Nippon Steel Corp., The Washington Post reported Thursday. Biden is expected to announce the decision as early as Friday. He apparently concluded that the sale of U.S. Steel to a foreign company will pose a national security risk through a potential red...