TOKYO -- Nippon Steel is considering handing a "golden share" to the U.S. government as a way to proceed with its acquisition ...

President Trump emphasizes the importance of keeping U.S. Steel under American control while welcoming foreign investments.

The U.S. government is poised to receive a so-called golden share in United States Steel Corp. as a condition for approving Nippon Steel Corp.’s proposed acquisition of the American company.

U.S. Sen. David McCormick says an arrangement for Japan-based Nippon Steel to invest in U.S. Steel will guarantee a U.S. CEO.