Nippon Steel's $14.9B bid for U.S. Steel includes a "golden share" for U.S. control, promising 70,000 jobs and a $14B boost to the economy.

Japanese company Nippon Steel won President Donald Trump’s approval for a nearly $15 billion acquisition of U.S. Steel last week. Calling the deal a “partnership,” Trump claimed Nippon will create 70,000 jobs and add $14 billion to the economy, all while keeping the company in the U.S.

Sen. Dave McCormick (R-Pa.) said Tuesday the U.S. government will have a golden share in Nippon Steel’s acquisition of U.S. Steel, giving it power over some of the decisionmaking. “It’s a

President Trump announced U.S. Steel will “REMAIN in America" through a new partnership with Japan's Nippon Steel, preserving jobs and boosting U.S. manufacturing.

U.S. President Donald Trump's comments supporting Nippon Steel's $14.9 billion bid for U.S. Steel left lingering questions about the scope of the deal and its costs for the Japanese firm, leading to muted gains for its shares on Monday.

Market Domination co-host Josh Lipton tracks today's top stories and stocks in this Market Minute. Bitcoin (BTC-USD) pulls back from recent highs above $111,900 amid the market downturn. Nippon Steel's (NPSCY) planned acquisition of US Steel (X) continues to hang in the balance,