The U.S. government turned down Nippon Steel's plan to buy U.S. Steel Corp. (NYSE: X), which let down workers and investors standing to gain from the $55 per share proposal. Lacking competitive positioning in both home and international markets,
Last week, Nippon Steel and U.S. Steel filed two lawsuits after U.S. President Joe Biden blocked a $14.9 billion buyout of the American steelmaker by the Japanese firm. President-elect Donald Trump takes office on Monday.
Speaker 1: From the Opinion pages of the Wall Street Journal, this is Potomac Watch. Kyle Peterson: President Biden with weeks left in his term, blocks a Japanese acquisition of U.S. Steel while ...
WASHINGTON (Reuters) - Even as Nippon Steel faced skepticism of its doomed $14.9 billion bid for U.S. Steel from the Biden administration, it was also contending with headwinds from an unlikely source: the CEO of a rival bidder for the firm who repeatedly ...
Trudeau says Canada ready with counter-tariffs. Europe’s largest pension fund sells Tesla stake over Musk's pay package: report. White House delays order for US Steel deal.
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Investing.com-- Nippon Steel Corp (TYO: 5401) wants to work with the incoming Trump administration to win a takeover of U.S. Steel (NYSE: X ), the latter’s Vice Chairman Takahiro Mori wrote in an opinion piece in the Wall Street Journal.
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Wall Street pointed higher before the opening bell on Monday, taking back some of its post-Christmas losses as markets prepare to kick off the first full trading week of 2025.
U.S. stock indexes are rising to recover more of the holiday-season slide that bridged the new year. The S&P 500 was 0.8% higher in early trading Monday and on track
its vice chairman Takahiro Mori said an opinion piece in the Wall Street Journal. Last week, Nippon Steel and U.S. Steel filed two lawsuits after U.S. President Joe Biden blocked a $14.9 billion ...
argued President Biden is selling out to Big Labor by blocking the sale of U.S. Steel to Japanese-owned ... wrote in an op-ed published in The Wall Street Journal Thursday.