Trump approves $14.9 billion US steel merger with Japan’s Nippon Steel
U.S President Donald Trump formally approved Nippon Steel’s 5401.T fraught $14.9 billion bid for U.S. Steel X.N on Friday, capping a tumultuous 18-month effort by the companies, beset by union opposition and two national security reviews. Trump signed an executive order saying the tie-up could move forward if the companies signed an agreement with the…