United States Steel Corp
CNBC Daily Open: The AI sector still has legs to run
Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show in Las Vegas, Nevada, on Jan. 6, 2025. Patrick T. Fallon | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
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U.S. Steel, Nippon allege Biden violated constitution in lawsuit over blocked deal
A flag decoration on a fence in front of the United States Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, US, on Monday, Aug. 14, 2023. Justin Merriman | Bloomberg | Getty Images U.S. President Joe Biden violated the Constitution by blocking Nippon Steel‘s $14.9 billion bid for U.S. Steel through a sham […]
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Stocks making the biggest moves midday: Rivian Automotive, Anheuser-Busch Inbev, Ford and more
Check out the companies making headlines in midday trading. Rivian Automotive – Shares popped 19% after the electric vehicle maker’s vehicle production and deliveries for 2024 met the company’s previously announced guidance. This comes after the company had lowered its production target for the full year in October. U.S. Steel – Shares fell 6% following […]
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Biden blocks U.S. Steel takeover by Japan’s Nippon Steel, citing national security
A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024. Justin Merriman | Bloomberg | Getty Images President Joe Biden on Friday officially blocked the takeover of U.S. Steel by Japan’s Nippon Steel, making good on his promise to keep an industrial name that is […]
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Stocks making the biggest moves premarket: U.S. Steel, Carvana, Block and more
Check out the companies making headlines before the bell. U.S. Steel — U.S. Steel shares slid nearly 8% after President Joe Biden blocked Japanese company Nippon Steel’s $14.9 billion takeover of U.S. Steel, saying : “U.S. Steel will remain a proud American company.” Biden said the domestic steel industry is a national security priority. Block — Shares […]
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Biden decides to block Nippon Steel’s $15 billion acquisition of U.S. Steel: Report
A building at Nippon Steel’s East Nippon Works Kashima Area facility in Kashima, Ibaraki prefecture, north of Tokyo on Dec. 6, 2024. Richard A. Brooks | Afp | Getty Images U.S. President Joe Biden has decided to block Nippon Steel’s $14.9 billion takeover bid of U.S. Steel, The Washington Post reported on Friday, citing two […]
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CNBC Daily Open: S&P 500 soared in 2024 despite a weak fourth quarter
A view of the ball drop during Times Square New Year’s Eve 2025 Celebration on December 31, 2024 in New York City. TheStewartofNY | Filmmagic | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
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Nippon Steel offers U.S. government veto power in bid for U.S. Steel approval, source tells Reuters
A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024. Justin Merriman | Bloomberg | Getty Images Japan’s Nippon Steel has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel‘s production capacity, as part of its efforts to secure President […]
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5 things to know before the stock market opens Friday
Here are the most important news items that investors need to start their trading day: 1. Green Christmas A Christmas tree stands in front of the New York Stock Exchange (NYSE), on the day U.S. President-elect Donald Trump is expected to ring the opening bell at NYSE to celebrate being named Time magazine’s ‘Person of […]
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Nippon Steel pushes deadline to close U.S. Steel deal as Biden decision looms
Signage for Nippon Steel Corp. outside the Marunouchi Park Building, which houses the company’s headquarters, in Tokyo, Japan, on Monday, March 25, 2024. Kiyoshi Ota | Bloomberg | Getty Images Japan’s Nippon Steel said on Thursday it has extended the closing date for its $14.9 billion purchase of U.S. Steel as U.S. President Joe Biden […]
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