The whiplash ordeal revealed how investing in America could come with a significant risk even for a staunch U.S. security ally like Japan.

A national security agreement gives Trump the authority to name a board member as well as a non-economic golden share.

Biden made the merger an issue on the campaign trail, particularly in Pennsylvania, a swing state home to U.S. Steel. In March 2024, Nippon submitted the purchase to the CFIUS for approval.

New disclosures with the U.S. Securities and Exchange Commission show that President Donald Trump will control the so-called “golden share” that’s part of the national security agreement under which ...

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 ...

Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a year-and-a-half after the Japanese company first proposed its deal to buy the iconic ...

Nippon Steel Corp. won conditional US approval for its $14.1 billion purchase of United States Steel Corp., capping a lengthy saga in a tie-up that will create one of the world’s largest steel ...

The leader of the Republican Party, which has governed on and off since the 1980s, promising to get the government off the backs of the American people, has decided that the steel industry of the ...

President Trump approves U.S. Steel merger with Nippon Steel through a National Security Agreement including $11 billion in investments, 100,000 jobs and a government "golden share." ...

In a lawsuit against the government in the waning days of the Biden administration, Nippon and U.S. Steel accused Cleveland Cliffs and the steel union of undermining their planned merger.

Nippon Steel completed its multi-billion-dollar acquisition of US Steel on Wednesday, granting rare veto-like power over strategic decisions to Washington with a "golden share".

Trump received the committee’s recommendation on May 21, giving him 15 days—until June 6—to decide to overturn Biden’s executive order. He didn’t, although his social media post, and statements made ...