A bizarre press conference held this Monday by Lourenco Goncalves, CEO of Ohio-based steelmaker Cleveland Cliffs, further underscored the imprudence of President Joe Biden’s move to nix Tokyo-based ...
President Joe Biden announced he was suspending the purchase of U.S. Steel by Japan’s Nippon Steel, citing the sale as a ...
US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week ... CEO of rival steelmaker Cleveland-Cliffs and Dave McCall, president of the United Steelworkers ...
Ancora Holdings, a Mayfield Heights-based institutional asset management company and private wealth advisor, is calling on U.S. Steel to drop its merger agreement with Japanese-owned Nippon Steel, end ...
Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% stake in the Pittsburgh company. It said Monday ...
U.S. Steel shares jumped Monday on a report that Cleveland-Cliffs is teaming up with rival Nucor for a potential bid for the ...
In 2023, Cleveland-Cliffs offered to buy U.S. Steel for $7 ... In moving to block the transaction Friday, President Joe Biden said U.S. companies producing a large amount of steel need to "keep ...
Citing national security concerns and following an expansive but divided Treasury Department review, President Joe Biden ...
I have a plan, I have an all-American solution in place. The all-American solution centers on people, on workers,” said Cleveland-Cliffs CEO Lourenco Goncalves.
President Joe Biden on Jan. 3, 2025, issued a blocking order (the Order) addressing the proposed acquisition of United States Steel Corporation ...