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The Latest Breaking News from US Steel

Trump Says Nippon Will Invest in US Steel But Not Buy It

President Donald Trump says that Japanese firm Nippon plans to make a large investment in U.S. Steel but not buy it.

International Business Times

Trump gives DOGE new marching orders as Japan’s Ishiba tries a little flattery - Roll Call

President Trump was praised by his Japanese counterpart Friday as he handed out new marching orders to Elon Musk and his DOGE team.

Roll Call

Japanese Prime Minister Ishiba Meets With US President Trump

Japanese Prime Minister Ishiba meets with President Trump to discuss defense, economy, and a blocked merger between US Steel and Nippon Steel.

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President Trump To Meet With U.S. Steel And Fedex Executives

President Trump to meet U.S. Steel and FedEx executives to address blocked acquisition and related issues.

Top News

Japan PM To Meet Trump On Feb 6-8 US Trip

Japan's Prime Minister Shigeru Ishiba will meet President Donald Trump on a visit to the United States this week, top government spokesman Yoshimasa Hayashi said on Tuesday.

International Business Times

Asset manager seeks to quash US Steel-Nippon deal after taking stake in US steelmaker

An asset manager is seeking to quash Nippon Steel’s takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company

The Independent UK

Rand Paul: Banning TikTok Is 'Group Hysteria'

"Every day I confront a bill that wants to ban another Chinese company," the Kentucky senator tells Reason.

Reason

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Regulation, Prohibition, and Litigation: Joe Biden's Busy Lame-Duck Period

Why should an unpopular president shape so much policy on his way out?

Reason

Bidding War Alert: Is U.S. Steel Stock a Buy, Sell, or Hold as Buyers Emerge?

U.S. Steel stock surged 6% as Cleveland-Cliffs and Nucor consider a joint takeover bid

Barchart

Global Shares Mixed As Tech Stocks Drop, Oil Gains

Global shares show mixed performance, with European and Asian markets rising. US stocks mixed amid uncertainties. Commodities market sees slight declines i...

Top News

Cleveland-Cliffs CEO blasts ‘evil’ Japan, home of rival Nippon Steel: ‘You did not learn anything since 1945’

There’s renewed uncertainty over U.S. Steel’s future after President Biden decided to block Nippon Steel’s acquisition bid, worth over $14 billion, citing national security.

Fortune

Biden Administration Extends Deadline For Nippon Steel Acquisition

Biden Administration extends deadline for Nippon Steel's bid to acquire U.S. Steel, facing national security concerns and industry implications.

Top News

Japan PM Urges Biden To Address Concerns Over Nippon Steel Deal

Japan PM Ishiba raises concerns to US President Biden over Nippon Steel's blocked acquisition of US Steel, emphasizing collaboration for economic security.

Top News

President-Elect Trump Praises Sen. Fetterman In Recent Meeting

President-elect Trump praises Sen. Fetterman's practical approach and discusses various topics during a 'great' meeting at Mar-a-Lago.

Top News

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International Business Times

Japan PM Tells Biden 'Strong' Concerns Over Steel Deal

Japanese Prime Minister Shigeru Ishiba told US President Joe Biden that his blocking of Nippon Steel's takeover of US Steel raised "strong" concerns in both countries, local media reported Monday.

Reason

With U.S. Steel Decision, Biden Turned His Back on Opposing Monopolies

Blocking Nippon Steel from acquiring U.S. Steel lays the groundwork for a major consolidation of American steelmaking that will harm consumers and the economy.

Top News

US Rejects Nippon Steel Bid, Straining US-Japan Relations

President Biden's decision to block Nippon Steel's acquisition of U.S. Steel raises tensions between the U.S. and Japan, impacting trade relations and nati...

Latin Times

Blinken Says US-Japan Ties Solid Despite Rift Over Steel Deal

Business groups say the move could have a chilling effect on Japan's standing as the biggest foreign investor in the United States, just as Washington seeks closer relations to counter China.

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The Independent UK

US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia

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

International Business Times

Blinken Says US-Japan Ties Rock Solid Despite Rift Over Steel Deal

Business groups say the decision could have a chilling effect on Japan's standing as the biggest foreign investor in the United States, just as Washington seeks closer ties with Tokyo to counter China.

Top News

Asian Shares Rise On Tech Optimism, U.S. Steel Lawsuit

Asian shares rise on tech stock performance, while markets await policy changes and economic data releases. Nippon Steel faces setback in U.S. acquisition....

The Independent UK

Stock market today: Asian shares mostly rise after Wall Street rally led by Nvidia

Asian shares are mostly higher, deriving optimism from rising technology stocks on Wall Street, led by Nvidia

The Independent UK

Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden

Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion acquisition of U.S. Steel

Top News

President Biden Blocks Billion US Steel Takeover

President Biden's decision to block the US Steel acquisition by Nippon Steel due to national security concerns receives mixed reactions.

Salon

U.S. Steel, Nippon sue over blocked deal

The companies said the Biden administration tainted the review process with politics

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