Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said ...

The companies condemned the president's decision and hinted at taking legal action, while U.S. Steel's CEO accused Biden of ...

Douglas Boneparth, President of Bone Fide Wealth, discusses market volatility and advises long-term investors to stay the ...

Gene Munster, Deepwater Asset Management managing partner, joins 'Squawk Box' to discuss the anticipation for megacap stock performance in 2025, what Nvidia will do with the cash it's bringing in, and ...

A US government panel could not reach consensus on whether US Steel's acquisition by Japan's Nippon Steel threatened Washington's national security, with the White House now likely to block the ...

With US Steel, Nippon Steel aimed to raise its global steel production capacity to 85 million metric tons per year from 65 million tons now and the asset is core to its goal of lifting production ...

Nippon Steel could decide to use the capital currently earmarked for improvement of U.S. Steel’s aging assets for an alternative investment," CFIUS argued in the letter. CFIUS lawyers ...

Australia’s Champion Iron said on Thursday Japanese steelmaker Nippon Steel and trading house Sojitz will buy a 49% stake in the company’s Kami project in Canada for C$245 million ($170.41 ...

It may not be as damaging as Herbert Hoover’s Smoot-Hawley tariffs, or Richard Nixon’s wage-price controls, but a decision by President Biden to block the Nippon-U.S. Steel deal would be one ...

WASHINGTON (Reuters) -Despite a steady stream of meetings and calls with U.S. officials, and three revamped proposals to assuage national security concerns, Nippon Steel has failed to garner approval ...

President Biden’s insistence that blocking the U.S. Steel--Nippon Steel merger would be ... it will begin selling off its assets and effectively dismantling itself. The status quo is no longer ...