financetom
Business
financetom
/
Business
/
Trump to Celebrate U.S. Steel, Nippon Steel 'Planned Partnership' in Pittsburgh Rally
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trump to Celebrate U.S. Steel, Nippon Steel 'Planned Partnership' in Pittsburgh Rally
May 30, 2025 4:41 AM

07:23 AM EDT, 05/30/2025 (MT Newswires) -- US President Donald Trump is scheduled to hold a rally Friday in Pittsburgh, Pennsylvania, to celebrate Nippon Steel's deal to acquire U.S. Steel (X), which he described in a Truth Social post last week as a "planned partnership."

Reuters reported that Trump will speak at 5 p.m. ET, when he may provide more clarity on the details of the deal, which he and US unions initially opposed.

Trump has until next Thursday to decide whether to approve or nix the deal, the report said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Suriname's Staatsolie needs to raise $1.5 billion for major energy project in 2025
Suriname's Staatsolie needs to raise $1.5 billion for major energy project in 2025
Feb 20, 2025
By Kemol King and Marianna Parraga GEORGETOWN (Reuters) - Suriname's Staatsolie needs to secure an unprecedented $1.5 billion in bank financing this year to ensure it can participate in the country's Gran Morgu energy project, the head of the state-owned company told Reuters. The project, led by TotalEnergies, is Suriname's first major offshore project. The country has discovered reserves that...
Allison Transmission Approves $1 Billion Additional Share Repurchases; Raises Dividend 8%
Allison Transmission Approves $1 Billion Additional Share Repurchases; Raises Dividend 8%
Feb 20, 2025
05:50 PM EST, 02/20/2025 (MT Newswires) -- Allison Transmission ( ALSN ) said Thursday its board approved a new $1 billion share repurchase program. The new authorization brings the company's total repurchase threshold to $5 billion. The company also raised quarterly dividend 8% to $0.27 per share, payable March 14 to shareholders of record on March 3. ...
Select Medical Q4 Adjusted Earnings, Revenue Increase; 2025 Outlook Issued -- Shares Drop After Hours
Select Medical Q4 Adjusted Earnings, Revenue Increase; 2025 Outlook Issued -- Shares Drop After Hours
Feb 20, 2025
05:50 PM EST, 02/20/2025 (MT Newswires) -- Select Medical Holdings ( SEM ) reported Q4 adjusted earnings late Thursday of $0.18 per share, up from $0.12 a year earlier. Four analysts polled by FactSet expected $0.17. Revenue for the quarter ended Dec. 31 was $1.31 billion, up from $1.22 billion a year earlier. Three analysts surveyed by FactSet expected $1.28...
Paccar Insider Sold Shares Worth $636,785, According to a Recent SEC Filing
Paccar Insider Sold Shares Worth $636,785, According to a Recent SEC Filing
Feb 20, 2025
05:48 PM EST, 02/20/2025 (MT Newswires) -- Michael K Walton, Vice President and General Counsel, on February 19, 2025, sold 6,000 shares in Paccar ( PCAR ) for $636,785. Following the Form 4 filing with the SEC, Walton has control over a total of 7,296 common shares of the company, with 951 shares held directly and 6,345 controlled indirectly. SEC...
Copyright 2023-2026 - www.financetom.com All Rights Reserved