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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 ...
U.S. Steel’s president and CEO declared President Biden’s decision to block the company from being acquired by the Japanese corporation Nippon Steel “shameful” and “corrupt” in a ...
President Biden announced Friday that he is blocking the $15 billion proposal by Japan's Nippon Steel to buy U.S. Steel after a government panel recently failed to reach consensus on the possible ...
President Joe Biden bowed to growing protectionist pressures in the United States and formally blocked a Japanese company’s proposed purchase of U.S. Steel, winning praise from the president’s ...
U.S. President Joe Biden has decided to block the $14.1 billion takeover of United States Steel Corp. by Japan's Nippon Steel Corp., U.S. media reported Friday. The announcement is expected to be made ...
President Joe Biden on Friday blocked Nippon Steel Corp.’s proposed $14.9 billion acquisition of United States Steel Corp., ending a yearslong pause on the deal and setting up potential legal ...