The US government will have veto power over key decisions relating to US Steel, as part of a deal with Nippon Steel that would approve the Japanese firm’s bid for the well-known American steel ...

Control over special powers reverts to the Treasury Department and the Commerce Department when anyone else is president.

HARRISBURG, Pa. (AP) — Nippon Steel and U.S. Steel said Wednesday they have finalized their “historic partnership,” a deal that gives the U.S. government a say in some matters and comes a ...

Japanese firm Nippon Steel has completed its long-sought takeover of US Steel, after agreeing to yield unusual control to the ...

Nippon Steel completes its purchase of U.S. Steel after more than a year and half of high-stakes negotiations and national ...

President Trump holds a veto power on specific matters and has the right to appoint an independent director as part of the ...

Nippon Steel Corp. closed its $14.1 billion acquisition of United States Steel Corp., bringing an end to a bruising takeover battle that was embroiled in American politics for months until finally ...

US Will Have Golden Share in Nippon Steel's Takeover of US Steel, Lawmaker Says. By Reuters | May 27, 2025. ... which gives veto rights on key company decisions, is among options that Nippon Steel ...

Nippon Steel and U.S. Steel have finalized their “historic partnership,” a deal that gives the U.S. government a say in some matters and comes a year-and-a-half after the Japanese company ...

The arrangement will guarantee an American CEO, a majority of board members from the U.S. and government approval over certain corporate functions, Sen. Dave McCormick says.

Nippon Steel shares soared Tuesday after US President Donald Trump launched a review of the company's proposed takeover of US Steel that was blocked by his predecessor Joe Biden. Trump said Monday he ...

United States Steel Corporation (NYSE:X) and Nippon Steel Corporation filed a lawsuit claiming the decision was unconstitutional. Executive orders have been delayed till June 2025.