Cleveland-Cliffs CEO renews efforts to purchase U.S. Steel: "I have an all-American solution."
In the wake of President Joe Biden blocking Nippon Steel's bid to buy U.S. Steel, Cleveland-Cliffs has renewed its offer to become the new owner of the once-mighty steel giant.
If Cleveland-Cliffs acquires US Steel, its CEO says the headquarters of the new company would be in Pittsburgh
If Cleveland-Cliffs is able to acquire US Steel, its CEO says the headquarters of the new entity would be in Pittsburgh, not Cleveland.
Cleveland-Cliffs still interested in U.S. Steel if pending merger fails
Cleveland-Cliffs CEO Lourenco Goncalves said Monday his company is ready to make another offer for U.S. Steel if its attempted merger with Japan’s Nippon Steel fails for good. “We have an all-American solution,
Cleveland-Cliffs CEO says he wants to buy U.S. Steel if Nippon deal fails
The move by Cleveland-Cliffs comes after the Biden administration blocked the U.S. Steel-Nippon tie-up on national security grounds.
Cleveland-Cliffs CEO responds to U.S. Steel lawsuit, says failed acquisition was ‘self-inflicted disaster’
Cleveland-Cliffs CEO Lourenco Goncalves's comments come after President Biden rejected the merger between U.S. Steel and Nippon Steel.
Cleveland-Cliffs could rename, relocate if it acquires U.S. Steel
Cleveland-Cliffs CEO Lourenco Goncalves announced Monday in a rambling two-hour press conference that if a proposed acquisition of U.S. Steel is successful, he would rename the new corporate entity "U.
Cleveland-Cliffs CEO Speech Holds Some Gems for U.S. Steel Investors
After a takeover by Japan’s Nippon Steel was blocked, a new deal may be gaining traction. The politics of Joe Biden and Donald Trump are center stage.
Cleveland-Cliffs CEO believes U.S. Steel can stand on its own but would benefit from consolidation
Cleveland-Cliffs CEO Lourenco Goncalves said further consolidation of the steel industry would be beneficial for U.S. Steel and Cleveland-Cliffs, as it would result in more economies of scale. U.S. Steel's Clairton Coke Works Plant for instance could supply Cleveland-Cliffs' Indiana Harbor Works and Burns Harbor Works steel mills in Northwest Indiana,
Cleveland Fed names new Pittsburgh branch chair, board members
Rob Cochran, chair and CEO at Monroeville-based #1 Cochran Automotive, has been appointed to a three-year term concluding Dec ...
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Cleveland lags nation in post-pandemic employment recovery
As a whole, the country has seen employment increase 3.6% since the pandemic, Fed researchers found. Metro areas did a little ...
Cleveland Cavaliers and Cleveland-Cliffs Launch Annual Bigger than Basketball Effort with Pittsburgh-Area Boys & Girls Clubs
This past week, the Cleveland Cavaliers, Cleveland-Cliffs and Boys & Girls Clubs launched a new initiative within the Bigger ...
Pittsburgh employment down 2.1% since Covid-19 hit, 2nd worst in the U.S.: Cleveland Fed
But Pittsburgh's employment is down 2.1%, second worst in the U.S. and last in the Cleveland Fed's territory, also known as ...
Cleveland Browns ink former Pittsburgh Steelers pass rusher
The Cleveland Browns have signed former Pittsburgh Steelers pass rusher Marcus Haynes to a reserve/future contract, the team announced on Monday. Haynes was with the Steelers during spurts of training ...
Baltimore Ravens vs. Pittsburgh Steelers 2024 odds, tips and betting trends | Playoffs AFC Wild Card Round
The Baltimore Ravens are solid favorites (-9) in this season’s Wild Card Round of the AFC playoffs, where they will oppose ...
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Pittsburgh Steelers 2025 NFL Mock Draft: Jalen Milroe, Ricky White III Provide Electric Shock To Steelers’ Offense
After another disappointing NFL Playoffs performance, this Pittsburgh Steelers 2025 NFL Mock Draft examines how Mike Tomlin’s team can improve, and finally land T.J. Watt his first postseason win.