Stream Connecticut News for free, 24/7, wherever you are. U.S. Steel shares closed about 5% higher at $54.85. Trump issued an executive order on Friday that allowed U.S. Steel and Nippon to finalize ...
President Donald Trump approved U.S. Steel's controversial acquisition by Nippon in June after securing veto rights over key business decisions.
Japan's Nippon Steel is expected to close its acquisition of U.S. Steel for $55 per share, sources familiar with the matter told CNBC's David Faber. President Donald Trump cleared Nippon's bid for U.S ...
Tokyo-based Nippon Steel now fully owns U.S. Steel, but the federal government has a say over matters like keeping plants open and investing in them. The administration reversed course and allowed ...
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Trump Greenlights Nippon–US Steel Deal with ‘Golden Share’ Safeguard; $11 Billion Investment Pledged
Former US President Donald Trump on Friday approved the controversial $14.9 billion merger between US Steel and Japan’s Nippon Steel, formally ending months of scrutiny over foreign control of a key ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Nippon Steel agreed to invest ...
When news broke that a Japanese company, Nippon Steel, was buying the storied American steel company U.S. Steel, it was still 2023, just before an election. And right away, politicians from both sides ...
Just when U.S. Steel thought the ink had dried on its new future with Japan’s Nippon Steel, the company ran into a political reality check: President Donald Trump’s administration and its new “golden ...
(Reuters) - The Trump administration blocked U.S. Steel's plan to shut down production at one of its plants in Illinois, flexing its so-called golden share authority, the Wall Street Journal reported ...
HARRISBURG, Pa. — The White House said Sept. 22 that it intervened under the terms of a 3-month-old national security agreement with Japan-based Nippon Steel to block a decision to stop processing raw ...
Nippon Steel , Japan's biggest steelmaker, expects its annual global crude steel production capacity to rise to at least 100 ...
U.S. Steel shares closed about 5% higher at $54.85. Trump issued an executive order on Friday that allowed U.S. Steel and Nippon to finalize their merger so long as they signed a national security ...
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