News

Nippon Steel Corp. of Japan formally completed a takeover of U.S. Steel (USS), the venerable but diminished American ...
President Donald Trump approved the merger of U.S. Steel with Japan’s Nippon Steel only after the companies accepted the ...
Control over special powers reverts to the Treasury Department and the Commerce Department when anyone else is president.
Donald Trump will hold a 'golden share' allowing him control in company decisions of US Steel after its acquisition by Nippon ...
The "golden share" gives the U.S. government a level of control, but not a financial stake, in the Pittsburgh-based company.
A national security agreement gives Trump the authority to name a board member as well as a non-economic golden share.
On Friday, Trump signed an executive order to approve the U.S. Steel-Nippon merger. The partnership has been delayed after ...
The deal gives the White House extraordinary control over U.S. Steel as part of a pact to alleviate national security ...
The measures agreed to represent an unusual level of control conceded by the companies to the government to save the deal, ...