News

What is a 'golden share' — the American government's ownership stake in U.S. Steel?

In June, the White House announced it had acquired a “golden share” in Pittsburgh-based United States Steel Corp. as part of ...
Boise State Public Radio15d

Trump's 'Golden Share' in U.S. Steel

The iconic American company, U.S. Steel was sold to Nippon Steel in Japan earlier this summer. The terms of the deal give President Trump an outsized say in the future of U.S. Steel.

Trump’s economic meddling suggests a new kind of pay-to-play corporatism

It’s a recipe for slower economic growth, less innovation and lower living standards over time, economists warn ...

INTERVIEW/ Eiji Hashimoto: Nippon Steel chooses U.S., not China, to return to top of industry

Nippon Steel Corp.’s acquisition of U. S. Steel required nerves of steel, which Eiji Hashimoto, the company’s chairman and chief executive officer, known as the “iron negotiator,” has in abundance.
Reuters14d

Nippon Steel warns of annual loss due to charges related to US Steel ...

Nippon Steel said that the annual results will be hit by a one-off loss tied to the U.S. Steel deal, in particular a loss of 231.5 billion yen related to the transfer of its 50% stake in joint ...

What to know about the Trump administration’s deal with AI chipmakers

AI chipmakers Nvidia and Advanced Micro Devices struck an extraordinary accord to pay the United States government 15% of the ...