There is only one Fortune 500 Company with "Cleveland" in its name. Why it matters: Maybe not for long. Driving the news: Cleveland-Cliffs CEO Lourenco Goncalves announced Monday in a rambling two-hour press conference that if a proposed acquisition of U.

Cleveland-Cliffs CEO Lourenco Goncalves said a lot in a lengthy Monday press conference. Amid the rhetoric was some hope for U.S. Steel investors.

Pennsylvania lawmakers are reacting to President Joe Biden’s plan to block the acquisition of Pennsylvania-based U.S. Steel by the Japanese company Nippon Steel. Pennsylvania Governor Josh Shapiro released a statement Friday morning saying he expects U.

“As Governor Shapiro has stated before, he expects any potential buyer for U.S. Steel to demonstrate strong commitments to capital investment at the Mon Valley Works, keeping the headquarters in Pittsburgh, and protecting and growing jobs throughout western Pennsylvania,” Bonder said.

The story for U.S. Steel has been markedly different. When economic forces fueled by climate action policy left the company unable to modernize its mills in southwestern Pennsylvania, a $14.9 ...

President Joe Biden’s decision to block Nippon Steel’s acquisition of U.S. Steel on national security grounds will have disastrous consequences for some Pennsylvania steel workers, who will ...

LYNDORA, Pennsylvania — Lourenco Goncalves, the CEO of steelmaker Cleveland-Cliffs, said he wants to make a new bid to acquire U.S. Steel, calling his pitch an “all-American solution” to ...

Biden said he blocked the $14 billion takeover of U.S. Steel by Japan's Nippon Steel on the grounds the sale was a threat to national security.

Josh Shapiro faces a new challenge after the White House blocked U.S. Steel’s overseas acquisition. Join the lawsuit the company filed alongside its would-be Japanese-owned buyer, Nippon Steel, and make sure Pennsylvania doesn’t lose more jobs to ...

(WHTM) – Pennsylvania lawmakers are reacting to President Joe Biden’s plan to block the acquisition of Pennsylvania-based U.S. Steel by the Japanese company Nippon Steel. Pennsylvania Governor ...

By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden says he is protecting good jobs in the American heartland

My sole focus has been on protecting the jobs that exist today and, most importantly, having a clear path on investment so that we have jobs tomorrow and the next day and the next year and stretching out decades,