U.S. Steel Urged by Investor to Scrap Nippon Deal and Pocket $565 Million Breakup Fee
Shares in U.S. Steel (X) strengthened nearly 5% in pre-market trading after one of its investors said its $15 billion sale to Japanese peer ...
The U.S.-China Tech Race Accelerates
There isn’t yet a sci-fi AI mastermind, but we do have an escalating technological arms race between two major powers—the United States and China—of the likes depicted in Oppenheimer. And despite ...
Nippon Steel considering 'bold' revision to US Steel buyout - spokesperson
Japan's Nippon Steel is considering proposing a bold change in plan from its previous approach of seeking to buy U.S. Steel, Chief Cabinet Secretary Yoshimasa Hayashi said on Monday, though the ...
M&A News: Nippon Steel Eyes Investment in U.S. Steel (X) Instead of Full Takeover
The acquisition deal between U.S. Steel (X) and Japan’s Nippon Steel (JP:5401) has taken another twist recently. Nippon Steel is now proposing ...
Trump Wants 25% Tariffs on Steel and Aluminum
President Donald Trump has proposed 25% tariffs on all steel and aluminum, he said on Air Force One en route to New Orleans to watch the Super Bowl. Trump told reporters that he would announce the new ...