Just when U.S. Steel thought the ink had dried on its new future with Japan’s Nippon Steel, the company ran into a political ...
US Steel end plans to shut an Illinois plant as Trump threatens to invoke golden share authority granted when the firm closed ...
U.S. Steel, now owned by Tokyo-based Nippon Steel, said in a statement on Friday that it has reversed its decision to shut ...
The intervention marked Trump's first use of so-called "golden share" rights, a condition of the $14.1 billion takeover ...
The Wall Street Journal reports that President Donald Trump invoked his ‘golden share’ to keep U.S. Steel’s Granite City ...
Two weeks ago, U.S. Steel notified workers in Granite City, Ill., that plant operations would cease in November. On Friday, U ...
Trump blocks U.S. Steel plant closure in Granite City, ensuring operations continue while union demands binding commitments ...
The White House said Commerce Secretary Howard Lutnick delivered the message that President Trump would exercise his “golden share” power ...
The White House said Monday that it intervened under the terms of a three-month-old national security agreement with ...
US Steel notified workers in Granite City two weeks ago that plant operations would cease in November. Read more at ...
In recent months, Trump has used his leverage to extract concessions for the US government, including taking an unprecedented equity stake in chipmaker Intel Corp.