United States Steel shares are jumping in premarket trading Monday, as the Pittsburgh-based company’s takeover by Japan’s Nippon Steel looks set to close following the deal's approval by President Donald Trump. Trump issued an executive order on Friday ...

Sen. Dave McCormick (R-Pa.) said Tuesday the U.S. government will have a golden share in Nippon Steel’s acquisition of U.S. Steel, giving it power over some of the decisionmaking. “It’s a

The decision means the deal’s fate ... Donald Trump opposing the Japanese group’s takeover as they court votes in Pennsylvania, where US Steel is headquartered. Biden had already privately ...

United States Steel Corp. surged the most ... move to block Nippon Steel Corp.’s takeover bid. While Biden remains opposed to the deal, a decision on blocking it is unlikely in the short term ...

is asking to refile its bid to acquire US Steel, a person familiar with the decision told The Hill, a move that will put off a decision on approving the deal until after the president election.

The US government will have veto power over key decisions relating to US Steel, as part of a deal with Nippon Steel that would approve the Japanese firm’s bid for the well-known American steel ...

On Friday, President Joe Biden announced his decision to block the $14 billion acquisition of the US Steel company by Japan’s Nippon Steel Corporation. The move came seven months after Biden had ...

The extension would also push the decision until ... Nippon Steel would have to resubmit its case to the Committee on Foreign Investment in the United States (CFIUS), which is led by Treasury ...