Control over special powers reverts to the Treasury Department and the Commerce Department when anyone else is president.

President Trump holds a veto power on specific matters and has the right to appoint an independent director as part of the ...

Japan’s Nippon Steel Corporation announced that it has finalised its US$ 15 billion takeover US Steel Corporation, to form a world-leading steelmaker with “best-in-class technologies and manufacturing ...

Japan’s Nippon Steel Corporation announced that it has finalised its US$ 15 billion takeover US Steel Corporation, to form a world-leading steelmaker with “best-in-class technologies and ...

After 18 long months, Nippon Steel has finalised its $14.9bn (Y2.16trn) takeover of US Steel following an executive order from US President Donald Trump that approved the sale and secured a ...

Nippon Steel Corp. closed its $14.1 billion acquisition of United States Steel Corp., bringing an end to a bruising takeover battle that was embroiled in American politics for months until finally ...

TOKYO -- U.S. President Donald Trump on Friday cancelled the decision by former President Joe Biden to block Nippon Steel's acquisition of U.S. Steel, paving the way for the Japanese company to ...

Japan’s largest steelmaker fought to take over its U.S. counterpart with heavy lobbying in D.C. and trips to Pennsylvania, ...

U.S. Steel rose $2.66, or 5%, to $54.85 in afterhours trading Friday. Nippon Steel's original bid to buy the Pittsburgh-based U.S. Steel in late 2023 had been valued at $55 per share.

U.S. President Donald Trump on Friday cancelled the decision by former President Joe Biden to block Nippon Steel's ...

The takeover will set up the ailing U.S. firm to receive the critical investment, allowing Nippon Steel to capitalize on a host of American infrastructure projects while its foreign competitors ...