U.S. Steel shares rise
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Trump administration offers some details of how it would control US Steel, but union raises concerns
President Donald Trump would have unique influence over the operations of U.S. Steel under the terms of what the White House calls an “investment” being made by Japan-based Nippon Steel in the iconic American steelmaker.
Shares of U.S. Steel surged after Nippon Steel's $14.9-billion bid approached finalization. A 'golden share' suggested by President Trump grants significant U.S. control, sparking investor concerns. The golden share ensures U.