Japan’s largest steelmaker fought to take over its U.S. counterpart with heavy lobbying in D.C. and trips to Pennsylvania, ...

Biden made the merger an issue on the campaign trail, particularly in Pennsylvania, a swing state home to U.S. Steel. In March 2024, Nippon submitted the purchase to the CFIUS for approval.

A national security agreement gives Trump the authority to name a board member as well as a non-economic golden share.

New disclosures with the U.S. Securities and Exchange Commission show that President Donald Trump will control the so-called ...

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 President ...

Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a year-and-a-half after the Japanese company first proposed its deal to buy the iconic ...

What the president’s ‘golden share’ in the U.S. Steel deal means Trump’s plans for U.S. Steel are another blow against free enterprise.

US Steel was once a symbol of American industrial power. It was the most valuable company in the world and, soon after its 1901 creation, became the first to be worth $1 billion.

"This will be a planned partnership between United States Steel and Nippon Steel, which will create at least 70,000 jobs and add $14 Billion Dollars to the U.S. Economy," Trump wrote in a post on ...

President Trump approves U.S. Steel merger with Nippon Steel through a National Security Agreement including $11 billion in investments, 100,000 jobs and a government "golden share." ...

PITTSBURGH — Nippon Steel has finalized its deal to buy 100% of U.S. Steel, the iconic steelmaker that was once the world’s most valuable company and a cornerstone of American industrial might.

Trump received the committee’s recommendation on May 21, giving him 15 days—until June 6—to decide to overturn Biden’s executive order. He didn’t, although his social media post, and statements made ...