Trump Celebrates Nippon Steel 'Deal'
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President Donald Trump touts Nippon Steel’s partnership with U.S. Steel, calling it “a blockbuster agreement" that ensures the company “stays an American company."
Strictly speaking, any type of special or dual-class share structure that offers more voting power to a bloc is a version of a golden share. What the White House has in mind, however, seems to be more targeted for the deal-making attempts between U.
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.
Steelworkers are excited to hear President Trump talk about the partnership between U.S. Steel and Japan-based Nippon Steel.
As President Trump celebrates a deal with Nippon Steel of Japan, industry experts wonder what will happen to U.S. Steel’s coal-powered plants.
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Nippon Steel plans to invest over 860 billion yen ($5.98 billion) to introduce electric furnaces at its three domestic plants to reduce carbon emissions, public broadcaster NHK said on Friday.
Shares of U.S. Steel just saw its third downgrade in the past week, but other companies may be in a weaker position.