Stay updated with breaking news from Lumbering giant. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Last look when joe biden hosted japan s prime minister last week for a state visit. the president hail the two countries. monumental alliance but there has been friction over a bid by a japanese from nippon steel to acquire the storied american company, us still you are still formed in 1901, was involved in building major american bridges and iconic skyscrapers it helped win world war ii by supplying still for ammunition and ships to land american forces. but over time, the lumbering giant struggled to compete with foreign rivals it also fell behind domestic competitors who embrace innovation. the most recent figures put it at 27th among the world s steel producers in december, us still agreed to a takeover by nippon steel, which offered to pay 40% over the stock price. nippon would inject innovation and efficiency into the ailing american company but the deal ....