Stock in U.S. Steel rose more than 4% in the first hour of trading Monday, after tumbling last week when Biden moved to block the sale. This news story is funded in large part by Connecticut Public’s ...
A second lawsuit targets the international president of the steelworkers union, David McCall, and a rival steelmaking company, Cleveland Cliffs, which had made its own offer for U.S. Steel. That suit, ...
(The Center Square) – U.S. Steel said Monday that union corruption toppled the company’s overseas buyout and pressured regulators to ignore the law in the organization’s favor. Lawsuits ...
with Republican President-elect Donald Trump and incoming vice president JD Vance also campaigning against the sale. "This acquisition would place one of America's largest steel producers under ...
The president has long opposed the sale to Japan’s Nippon Steel. President Joe Biden formally blocked a proposed $14.9 billion takeover of U.S. Steel by a Japanese company, the White House ...
President Joe Biden has decided to block the $14.1 billion sale of United States Steel to Japan's Nippon Steel, according to three people with knowledge of the matter. Michael Shepard reports on ...