Now I’m a little concerned, whoever the president might be, but that gives you total control,” Donald Trump stated in June about the extraordinary “golden share” he now possesses in U.S. Steel. That ...

The golden share—essentially a veto power over certain corporate moves—was a condition for White House approval of Nippon Steel’s $14.1 billion acquisition of U.S. Steel in June. The president used ...

President Trump has exercised his administration's "golden share" authority to prevent the shutdown of a US Steel plant in ...

The White House said Monday that it intervened under the terms of a three-month-old national security agreement with Japan-based Nippon Steel to block a decision to stop processing raw steel at U.S.

There is a small gap between Nippon Steel and the U.S. government over the authority of a golden share tied to its ...

In recent months, Trump has used his leverage to extract concessions for the US government, including taking an unprecedented ...

HARRISBURG, Pa. (AP) — U.S. Steel reversed course and said Friday that it will continue processing raw steel at its Granite City Works plant in Illinois, nixing a decision that had put the plant on ...

The Trump administration reportedly stepped in to prevent U.S. Steel from shutting down operations at a plant in Granite City, Illinois, with the White House using new control of the company it gained ...

Nippon Steel says it will invest 300 million dollars in US Steel to expand production of automotive steel and other products. The Japanese company says the US Steel board of directors has approved the ...

HARRISBURG, Pa. (AP) — The White House said Monday that it intervened under the terms of a three-month-old national security agreement with Japan-based Nippon Steel to block a decision to stop ...

While the Granite City, Illinois, rolling mill has received a reprieve, the blast furnace/basic oxygen furnace melt shop remains idle. Although the mill in Granite City has not produced any hot steel ...