united states steel corp.

Japan's Nippon Steel cleared one hurdle in acquiring U.S. Steel with a key vote on Friday, even as lawmakers raise red flags about foreign ownership of an American company.

Nippon Steel said that its planned acquisition of U.S. Steel for nearly $15 billion wouldn't cause layoffs or plant closures amid resistance from the Biden administration and unions.

President Biden issued a statement Thursday saying he is opposed to U.S. Steel being purchased by a foreign entity, as the federal government reviews its planned sale to a Japanese firm.

Fox News contributor Karl Rove, a former top member of then-President George W. Bush's administration, sounded off on Michelle Obama's political prospects.

Up to 1,000 jobs are on the chopping block for U.S. Steel Corporation's Granite City Works mill in southern Illinois, the company announced this week.

The United Auto Workers union's strike against Ford, General Motors and Stellantis has caused work stoppages and layoffs at some of the automakers' facilities and their suppliers.

Duke University's Campbell Harvey said it would be unwise for the Federal Reserve to raise rates in November, citing current economic figures and conditions.

Ohio GOP Senator JD Vance sent a letter to U.S. Steel calling on the storied American company to reject any buyout offers from foreign entities.

Sen. Joe Manchin III, D-West Virginia, sounded off on "Kudlow," when he was asked about potentially primarying President Joe Biden.

U.S. Steel Corporation has announced it will spend $3 billion to build a new mill in Osceola, Arkansas that is expected to create at least 900 full-time direct and indirect jobs with annual average wages of at least $100,000.