By Danielle Kaye and Lauren Hirsch A possible new takeover bid for U.S. Steel emerged on Monday, teeing up more turmoil over the once-dominant company’s future after President Biden’s decision ...
The Biden administration’s recent decision to block Nippon Steel’s acquisition of U.S. Steel highlights a concerning shift away from strategic economic diplomacy. By rejecting this deal ...
Cliffs examining bid for U.S. Steel in high-$30s per share-source Would then sell Big River Steel mill to partner Nucor-source Follows Biden blocking Nippon Steel's $55 a share cash bid for U.S ...
U.S. Steel shares are jumping in premarket trading Monday after the U.S. government extended until June from next month a deadline for Nippon Steel to abandon its planned $14.1 billion acquisition ...
PITTSBURGH (KDKA) - It's a battle over U.S. Steel and the future of steelmaking in the region - with fiery words, the CEO of Cleveland-Cliffs said his company is once again trying to buy the company.
President Biden made a mistake blocking the U.S. Steel-Nippon merger. The onus is now on the courts to recognize this error and ensure the continued credibility of ...
The U.S. government has extended until June a deadline for Nippon Steel 5401-0.56%decrease; red down pointing triangle to drop its planned acquisition of United States Steel. The U.S. steelmaker ...
U.S. Steel and Nippon Steel allege in a lawsuit President Joe Biden blocked their $14.9 billion merger over political calculations, calling it an unprecedented action that "served the president's ...
Cleveland-Cliffs CEO Lourenco Goncalves said Monday he had a plan to buy U.S. Steel as he launched a tirade against Japan, calling the close U.S. ally “evil” during a news conference.
Cleveland-Cliffs CEO Lourenco Goncalves said Monday his company is ready to make another offer for U.S. Steel if its attempted merger with Japan’s Nippon Steel fails for good. “We have an all ...
TOKYO, Jan 15 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab remains interested in working with the incoming administration of Donald Trump to try to seal a takeover of U.S. Steel (X.N ...
U.S. Steel (NYSE: X) has been in the news for months since Japan's Nippon Steel made a generous offer for the iconic American steelmaker. Nippon's $14.9 billion bid in late 2023 represented a ...