Trump Celebrates Nippon Steel 'Deal'
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Nippon Steel investors and analysts are asking if its $15-billion deal to buy U.S. Steel , backed but not yet approved by President Donald Trump, is positive for the near term, even if its hopes for strong U.
United Steelworkers raises concerns about Nippon Steel's partnership with U.S. Steel, seeking clarity on investment plans and workforce impact.
PITTSBURGH -- President Donald Trump on Friday visits Pittsburgh to celebrate what he says is a "planned partnership" between U.S ... Nippon Steel, after previously opposing a merger.
Nippon Steel declined to comment. US Steel and the White House could not be immediately reached for comment. Nikkei reported earlier in the day that a golden share was under consideration. US Steel shares were trading at $53, up 2%, their highest point since the deal was announced, as investors bet it would close soon.