Trump on Nippon Steel as he meets with Japan's Shigeru Ishiba 04:59. Washington — President Trump said Friday that Japan's Nippon Steel will drop its $14.1 billion bid to acquire U.S. Steel and ...

President Donald Trump on Friday said Japan’s Nippon Steel agreed to drop its nearly $15 billion bid to acquire U.S. Steel and will “heavily” invest in the company instead, ending a yearlong ...

Shares of US Steel closed 5.8% lower at $36.98 in New York, far below the $55-per-share offer from Nippon Steel that both companies had agreed. Representatives of US Steel and Nippon Steel weren ...

President Donald Trump announced a partnership between U.S. Steel and Japanese steelmaker Nippon that he says will keep the headquarters in Pittsburgh and draw $14 billion in investment toward the ...

President Trump said Friday that Japan's Nippon Steel will drop its $14.1 billion bid to acquire U.S. Steel and instead "invest heavily" in the company.