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President Joe Biden has blocked Japanese steel giant Nippon Steel’s acquisition of U.S. Steel, citing national-security risks. The trouble is, these risks were fabricated to benefit Cleveland ...

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Cleveland-Cliffs CEO Lourenco Goncalves is blaming "weakness" for keeping Nippon Steel's massive bid to acquire U.S. Steel alive, complicating his company's own plans for a rival bid as the ...

In brief: Microsoft has introduced numerous GenAI functions to promote Copilot+ PCs, including new image editing tools for Paint that just came out of beta. Notably, the new tools are not ...

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Photo: Will Oliver - Pool via CNP/Zuma Press Nippon Steel and U.S. Steel last week filed a lawsuit against President Biden and the Committee on Foreign Investment in the United States (Cfius ...

(AP) — The bid by Japan’s Nippon Steel to buy U.S. Steel may have ... It wasn’t immediately clear why CFIUS extended the deadline, but Unkovic pointed to reports that Biden’s CFIUS was ...

Nippon Steel Corp. said Tuesday it "remains the only partner" for United States Steel Corp., vowing to continue pursuing its purchase despite White House opposition and the emergence of a rival offer ...

Lourenco Goncalves, Cleveland-Cliffs’ chairman, president, and CEO. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance ...