President Trump announced that Japan’s Nippon Steel was dropping its $14.1 billion acquisition of the Pittsburgh-headquartered U.S. Steel and would instead be making an “investment, rather ...

But it’s Nippon Steel’s bid that both Trump and President Joe Biden vowed to block. Nippon Steel “is going to be doing something very exciting about US Steel,” Trump said with Japanese ...

President Trump said Friday that Japan's Nippon Steel will drop its $14.1 billion bid to acquire U.S. Steel and instead "invest heavily" in the company.

President Donald Trump on Friday said Japan’s Nippon Steel agreed to drop its nearly $15 billion bid to acquire U.S. Steel and will “heavily” invest in the company instead, ending a yearlong ...

Shares of US Steel closed 5.8% lower at $36.98 in New York, far below the $55-per-share offer from Nippon Steel that both companies had agreed. Representatives of US Steel and Nippon Steel weren ...

President Trump said Friday that Japan's Nippon Steel will drop its $14.1 billion bid to acquire U.S. Steel and instead "invest heavily" in the company.