U.S. Steel, Nippon Steel blame Biden, Cleveland Cliffs and USW leadership for blocking deal
In dual lawsuits filed Jan. 6, U.S. Steel Corp. and Nippon Steel Corp. blame the Biden administration's politicizing its national-security review as well as the behind-the-scenes actions by rival Cleveland-Cliffs Inc. and United Steelworkers International President David McCall for scuttling the $14.9 billion deal.
1don MSNOpinion
A bizarre press conference held this Monday by Lourenco Goncalves, CEO of Ohio-based steelmaker Cleveland Cliffs, further ...
US Steel and Nippon, whose $14.3 billion merger was blocked by President Joe Biden last week, filed a lawsuit against the US ...
Citing national security concerns and following an expansive but divided Treasury Department review, President Joe Biden ...
New York Post on MSN12d
Nippon Steel’s doomed $15B deal with Biden administration had unlikely opposition – a rival CEO: bombshell docsLourenco Goncalves, CEO of steelmaker Cleveland-Cliffs, which made a failed $7 billion bid for US Steel in August 2023, ...
SURVEY SAYS: About 64% of HR managers use AI to complete some tasks, according to a recent survey from MyPerfectResume. Those ...
A Nippon Steel executive condemned President Joe Biden for blocking the company’s purchase of U.S. Steel. After Biden blocked the purchase on Jan. 3, the company sued the U.S. government.
Nippon Steel is determined to proceed with its acquisition of U.S. Steel despite President Joe Biden blocking the $14.9 ...
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