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The Latest Breaking News from Nippon

Trump's Controlling Stake in U.S. Steel Is Indefensible Socialist Nonsense

Any decisions made by U.S. Steel's executives and shareholders will require approval from Trump, his appointees, or his successors.

Reason

Trump-Backed US Steel Deal with Nippon Finalized, Sparks Job Boom

US Steel finalizes deal with Nippon Steel, backed by Trump, promising over 100,000 US jobs and $11 billion in investments.

International Business Times

Nippon Steel finalises US Steel takeover after state opposition

The pursuit by Nippon Steel of the Pittsburgh-based company has hindered by national security concerns

Euronews

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Nippon, US Steel Say They Have Completed Partnership Deal

Nippon Steel and US Steel announced Wednesday they have completed a partnership deal in which the US government will essentially have veto power over significant decisions affecting US jobs.

International Business Times

US Steel, Nippon Partnership Proceeds With Security Deal, 'Golden Share'

The partnership between US Steel and Nippon Steel has reached a new phase, with an agreement on US national security guarantees, in addition to the so-called "golden share" advantage obtained by President Donald Trump's administration.

International Business Times

J.J. Spaun What's In The Bag?

We take a look at what's in the bag of PGA Tour winner J.J. Spaun

Golf Monthly

In nixing EV standards, Trump strikes at two foes: California and Elon Musk

The US president signed resolutions to roll back California laws designed to promote the use of electric vehicles.

Al Jazeera

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X: 1 Reason to Bet on U.S. Steel, and 1 Reason to Hold Back

Shares of U.S. Steel are surging on the revived Nippon deal, but union pushback and overbought signals raise doubts about further upside.

MarketBeat

‘Another snake-oil salesman’s pitch’: US workers wary of Trump’s steel deal

The president believes his Nippon Steel agreement will revive America’s steel industry – but workers are skeptical

The Guardian - US

Trump hails Japan’s US Steel deal in Pittsburgh rally as he doubles steel tariffs to 50%

President vows ‘nobody is going to get around’ new 50 percent tariffs on foreign steel, but the details of Nippon’s U.S. Steel deal remain murky

The Independent UK

Trump says US will raise steel tariffs to 50 percent at Pennsylvania rally

In his campaign-style speech, Trump also hailed a ‘blockbuster agreement’ between Japan’s Nippon Steel and US Steel.

Al Jazeera

After first agreeing with Biden, Trump announces US Steel-Nippon deal - Roll Call

President Trump announced a U.S. Steel-Nippon merger that would give the American government a controlling role in the new company.

Roll Call

Nippon Steel Will Finally Get To Buy U.S. Steel. The Deal Likely Ensures More Federal Meddling in the Future.

The federal government will reportedly get a "golden share" in U.S. Steel, potentially allowing it to overrule shareholders on some decisions.

Reason

US government to have control in Nippon Steel-U.S. Steel deal, Trump and McCormick say

U.S. Sen. David McCormick says an arrangement for Japan-based Nippon Steel to invest in U.S. Steel will guarantee an American CEO, a majority of U.S. board members and U.S. government approval over certain corporate functions

The Independent UK

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The Independent UK

Make Japan Great Again: Trump announces his approval of Nippon deal with US Steel

Details of the deal are still sketchy, but steelworkers union fears takeover by Japanese steel giant

International Business Times

Trump Greenlights Nippon Steel 'Partnership' With US Steel

US President Donald Trump on Friday threw his support behind a new "partnership" between US Steel and Japan's Nippon Steel, sending the American firm's share price skyrocketing on hopes of an end to the long-running saga over foreign ownership of a key national asset.

The Guardian - US

Trump warms to Nippon Steel, backing ‘partnership’ with US Steel

Biden had blocked Japanese acquisition, citing national security, with Trump previously agreeing he was ‘totally against’ it

Investors Business Daily

Trump Blesses Nippon-U.S. Steel Deal; X Flies As Other Steel Stocks Sink

Nippon Steel is acquiring U.S. Steel, 17 months after its initial offer.

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Barchart

Billionaire Dan Loeb Is Betting Big on U.S. Steel Stock. Should You?

Billionaire Dan Loeb’s stake revives buzz around U.S. Steel. Should investors follow the money amid the revived Nippon merger talks, or wait it out?

International Business Times UK

5 Winning US Stocks To Invest In Despite the Market Crash and Global Recession Fears

These five US stocks are defying market trends on new deals, technological breakthroughs, improved sectoral outlook, and strong fundamentals.

International Business Times

US Steel Takeover by Nippon Back in Spotlight as Trump Demands Review

Trump orders a new review of Nippon Steel's $14.9 billion acquisition of U.S. Steel after Biden blocked the deal over national security concerns.

Euronews

President Trump orders review into Nippon Steel’s bid for US Steel

The two companies sued the US government in January after then president Joe Biden halted the Japanese purchase in the name of national security.

MarketBeat

U.S. Steel and Nippon Merger: Should Investors Bet on It?

US Steel still believes its merger with Nippon Steel of Japan can happen and investors are leaning that way based on the 60% rally off lows.

MarketBeat

U.S. Steel: Will Trump-Backed Nippon Investment Drive Upside?

President Trump's comments surrounding United States Steel have put the company back in the news. However, is there currently significant upside in this stock?