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Nippon Steel completes its purchase of U.S. Steel after more than a year and half of high-stakes negotiations and national ...
On the ground with U.S. Steel workers lobbying Trump to approve a foreign deal. WEST MIFFLIN, Pennsylvania — The steep climb in the truck up from the Monongahela River to the entrance of the Mon ...
KEY TAKEAWAYS United States Steel shares are jumping in premarket trading Monday, as the Pittsburgh-based company’s takeover by Japan’s Nippon Steel looks set to close following the deal's approval by ...
The hurdles keep multiplying for U.S. Steel’s proposed $14 billion sale to Nippon Steel of Japan. Lawmakers and others in Washington are questioning the wisdom of allowing an American industrial ...
Some critics have chafed at the decision to reject Nippon Steel’s bid for U.S. Steel, saying Washington was treating Japan like it does China, a potential adversary.
U.S. Steel, whose headquarters is located in Pittsburgh, employs over 21,000 people in the United States. At its peak employment during World War II, it employed 340,000 . CLICK HERE TO READ MORE ...
“U.S. Steel is a very important company to us. It was the greatest company in the world for years, many years ago, 80 years ago. And we didn’t want to see that leave.
Nippon Steel and U.S. Steel filed a federal lawsuit challenging the Biden administration’s decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel.
The company, and U.S. domestic steel industry as a whole, has ceded market share to foreign competitors in past decades, which plays into the controversy over Nippon Steel’s proposed acquisition.
Some critics have chafed at the decision to reject Nippon Steel’s bid for U.S. Steel, saying Washington was treating Japan like it does China, a potential adversary.
President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade and investment has irked Washington's closest ally in Asia.
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