The Latest Breaking News from US Steel

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

President Biden faces decision on US Steel sale to Japanese rival amid national security concerns and job protection advocacy.

Committee on Foreign Investment in the US fails to agree on national security risks of proposed takeover of US Steel.

A powerful government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel

A US government panel failed to reach a consensus on whether US Steel's acquisition by Nippon Steel threatens Washington's national security, shifting the decision to the White House, the Japanese company said late Monday.

Nippon Steel on Wednesday slammed the "inappropriate" role of politics after Bloomberg News reported that President Joe Biden would block its planned takeover of US Steel.

Trump's second term could bring protectionist trade policies, potential benefits for domestic banks and steel producers, and a friendly stance towards mineral projects.

The signs at Nippon Steel read: “The world through steel,” underlining why Japan’s top steelmaker is pursuing its $15 billion bid to acquire U.S. Steel

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.31%. Stocks on Tuesday settled mixed, with the Nasdaq 100 posting a new all-time high....

Debate over Nippon Steel's acquisition of U.S. Steel intensifies, raising concerns about national security and economic impact.

Trump doesn't care much about free market principles or the limits of government power. But he should pay attention to this signal from the stock market.