Nippon Steel plans to sell at least 30 billion yen ($211 million) in assets in this fiscal year to manage its debt, the ...
The problem with playing chicken is that in most cases, both players lose. Take, for example, the chicken scene in the movie Rebel Without a Cause in which Jim Stark bails out of his car first, ...
The multi-billion dollar sale of U.S. Steel to Japan-based Nippon Steel has drawn opposition from the White House and both ...
Automakers support the deal because in their eyes it will increase supply and offer price competition for the steel they use ...
The shares gained ground after Bloomberg reported that the government will delay a review of the company’s potential takeover ...
There is not a competitive domestic supply chain for the type of steel automakers prefer in vehicle manufacturing, but the ...
U.S. Steel Corp.’s stock jumped on Wednesday afternoon following a report that President Joe Biden will not move imminently ...
Nippon Steel defended its $14.9 billion bid for U.S. Steel , arguing it would strengthen the U.S. Steel industry and that ...
24/7 Wall St. on MSN3d
US Steel (NYSE: X) Is in Trouble
U.S. Steel is struggling financially and needs a buyer, with Nippon Steel offering a potential solution. The Biden ...
Opposition to a Japanese company buying U.S. Steel is bipartisan: Both Donald Trump and Kamala Harris have vowed to keep the ...
United States Steel Corp. shares rose 11% over the past five days on reports that the Biden administration may wait until ...
Britain’s government has unveiled details of a new support package for workers who face losing their jobs at the country’s ...