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U.S. Steel and Nippon Steel announced Thursday that they have finalized their long-awaited partnership. Under the announced ...
Nippon Steel offered Washington a "golden share," which gives the government oversight over some decisions, to get approval ...
The companies said they had entered into an agreement with the U.S. government to alleviate any national security concerns.
HARRISBURG, Pa. (AP) — Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a deal ...
Administration officials secured a deal that will give the president unusual influence over a private company, and could ...
President Donald Trump would have unique influence over the operations of U.S. Steel under the terms of what the White House ...
Those in attendance pleaded with Biden to approve Nippon Steel's purchase of U.S. Steel. There are just 10 days until a panel reviewing the deal has to give its decision to the president.
U.S. Steel shareholders approved the sale to Nippon in April, but the deal must still get permission from Democratic President Joe Biden and members of his cabinet.
Nippon Steel faces a $565 million penalty payment to U.S. Steel following the deal’s collapse, which is set to prompt a major rethink of the Japanese company’s overseas-focused growth strategy.
U.S. President Joe Biden is poised to officially block Nippon Steel’s proposed $14.9-billion ... Japanese Prime Minister Shigeru Ishiba urged Biden to approve the merger so as to avoid marring ...
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 Steel at a rally in downtown Pittsburgh on Wednesday.
On June 13, Trump issued an executive order clearing Nippon Steel’s takeover of U.S. Steel, which had remained in limbo since the deal was first announced in 2023.