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 ...
US Steel's £11.4billion sale to a Japanese rival has been blocked by Joe Biden on national security grounds. Shares in the American giant fell around 7 per cent in response to the outgoing US ...
President Biden blocked the $14 billion takeover of U.S. Steel by Nippon Steel of Japan in an announcement on Friday based on grounds that the sale posed a threat to national security. The ...
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 ...
US PRESIDENT Joe Biden has decided to officially block Nippon Steel’s proposed US$14.9-billion purchase of US Steel, the Washington Post reported, putting an end to a long-running and contentious ...