At first blush, Nippon Steel's offer to pay $14.9 billion--or $55 per share--for U.S. Steel seems like an ideal development. The American company--now a shadow of the industrial giant it was for ...

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.

At first blush, Nippon Steel’s offer to pay $14.9 billion–or $55 per share–for U.S. Steel seems like an ideal development. The American company–now a shadow of the industrial giant it was ...

President Donald Trump on Friday announced an agreement between U.S. Steel and Nippon Steel, which both steelmakers have confirmed. “I am proud to announce that, after much consideration and ...

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.

U.S. President Joe Biden is poised to officially block Nippon Steel’s proposed $14.9-billion purchase of U.S. Steel, a person familiar with the matter said on Friday, dealing a probably fatal ...

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. Steel has warned that without the Nippon Steel investment, it could close mills and move its headquarters from Pittsburgh. If the federal government wants to say anything at all about this ...

President Biden blocked the sale of U.S. Steel to Japan's Nippon Steel. Drew Angerer / Getty Images President Biden is blocking Nippon Steel’s $14.9 billion takeover of U.S. Steel, citing ...

The mystery around a $14 billion deal between U.S. Steel and Nippon Steel continued to deepen, as President Donald Trump said this week that the United States would have a “golden share” in ...

President Donald Trump appeared to approve a long-pending deal between U.S. Steel and its Japanese rival Nippon Steel on Friday, posting on his Truth Social account that there will be a “planned ...