The White House says it intervened to block a decision to stop processing raw steel at U.S. Steel’s Granite City Works plant ...

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

The Trump economy is pushing further into state capitalism as the U.S. takes stakes or golden shares in Intel, MP Materials and U.S. Steel.

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 ...

The Trump administration blocked U.S. Steel's plan to shut down production at one of its plants in Illinois, flexing its so-called golden share authority, the Wall Street Journal reported on Friday, ...

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

The investment in two U.S. Steel plants forms part of the Japanese company's $11 billion commitment to the American ...

The action, first reported by the Wall Street Journal on Friday, was confirmed by an official on condition of anonymity. “US ...

Just days after being sworn into office, U.S. Sen. Dave McCormick had lunch with a group of U.S. Steel workers who favored the company’s sale to Nippon Steel. That January meeting convinced the ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. The Trump administration blocked United States Steel Corp.

Nippon Steel Corp is planning to raise output capacity in overseas markets such as India and the United States and reduce it in Japan to align with future demand levels, a company executive said.

HARRISBURG, Pa. — 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 ...