The Latest Breaking News from Nippon Steel

Former mayor of Pennsylvania town of Braddock has long advocated for rights of US steel workers

In a plot twist as sharp as Samurai steel, Nippon Steel's shares took a 5% plunge following a stratospheric .9 billion acquisition of US Steel.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.45%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed unchanged, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.64%. Stocks on Monday posted moderate gains, with the S&P 500...

Mr Fetterman said he planned to work with other Pennsylvanian lawmakers to fight the deal

A down day for Apple put pressure on the Dow but the 30-stock index still nabbed a new record close.

A major US union representing steelworkers slammed the deal by Japan's Nippon Steel to buy US Steel Corp for $14.1 billion, which was confirmed on Monday just months after US Steel rejected an offer from its main domestic rival.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.30%. Stocks this morning are mildly higher, with the S&P...

Nippon Steel's .1 billion acquisition of U.S. Steel reflects the soaring consolidation in the steel industry amid rising prices.

Japan's Nippon Steel has won the bidding war for U.S. Steel, with the $15 billion price providing a jolt to other steel stocks, including CLF, NUE and STLD.

Morning Markets March E-Mini S&P 500 futures (ES H24) are up +0.26%, and March Nasdaq 100 E-Mini futures (NQH2 4) are up +0.15%. Stock index futures this morning are moderately higher on the increase in M&A activity after Nippon Steel agreed to acquire United States Steel for about $14.1 billion,...

U.S. Steel, the Pittsburgh steel producer that played a key role in the nation’s industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion