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In June, the White House announced it had acquired a “golden share” in Pittsburgh-based United States Steel Corp. as part of ...
August 18th, NYC. Get your tickets here. When news broke that a Japanese company, Nippon Steel, was buying the storied American steel company U.S. Steel, it was still 2023, just before an election.
The federal government's golden share allows it to have a board member who must agree to any reductions to the $14 billion in capital investment Nippon Steel promised, including $11 billion by ...
HARRISBURG, Pa. — President Donald Trump will control the so-called “golden share” that's part of the national security agreement under which he allowed Japan-based Nippon Steel to buy out ...
On July 8, 2025, President Trump issued an order to unwind the acquisition of Jupiter Systems, Inc., a U.S. company, by Hong Kong-based ...
The "golden share" will then be held by the Treasury and Commerce Departments after Trump's term is over, according to a SEC filing. Trump will have veto power over some production and wage decisions.
With the golden share, the president will now have the power to prevent the relocation of U.S. Steel's headquarters out of Pittsburgh, rename the company, or move jobs outside the U.S., Lutnick said.
Golden Share's exploration programs are executed under the supervision of Mrs. Laurence Huss, M.Sc., P. Geo., a "Qualified Person" as defined in National Instrument 43-101, and Vice-president ...
The iconic American company, U.S. Steel was sold to Nippon Steel in Japan earlier this summer. The sale was years in the ...
Trump gets ‘golden share’ power in US Steel buyout. US agencies will get it under future presidents AP President Donald Trump leaves after a media conference at the end of the NATO summit in ...
HARRISBURG, Pa. (AP) — President Donald Trump will control the so-called “golden share” that’s part of the national security agreement under which he allowed Japan-based Nippon Steel to ...