An asset manager is seeking to quash Nippon Steel's takeover of U.S. Steel and oust the leadership of the U.S. steelmaker after taking a stake in the company.
U.S. Steel and Nippon Steel filed a separate lawsuit in the U.S. Court of Appeals in Washington, D.C., against the Biden administration to overturn the order and force a new review that could potentially lead to the deal. The Pittsburgh suit against Cliffs and McCall doesn't have any bearing on that decision.
An activist United States Steel Corp. shareholder looking to back out of Nippon Steel’s controversial acquisition wants to replace CEO David Burritt and nine members of the board in a proxy battle that opens another front in the battle for control.
Cleveland-based activist investor Ancora is pushing for U.S. Steel to elect a new board of directors that would stop its merger with Nippon Steel.
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If the Pennsylvania governor doesn’t finally start leading, an iconic Pittsburgh-based company may die, writes Nathan Benefield of the Commonwealth Foundation.
Reports Q4 revenue $3.51B, consensus $3.24B. Commenting on the Company’s fourth quarter performance, U. S. Steel President and Chief Executive
Pentwater Capital Management LP said it supports U.S. Steel’s current board and management, rejecting Ancora’s efforts to overhaul the steelmaker’s board and oust CEO David Burritt.
In an exclusive interview on Jan. 16 at the Pittsburgh Business Times’ South Side offices, Pennsylvania Gov. Josh Shapiro spoke about a wide range of topics. Here are a few things he had to say, edited for length and clarity.
2-Year U.S. Treasury Note Continuous Contract $102.863 0.020 0.02% 5-Year U.S. Treasury Note Continuous Contract $106.555 0.117 0.11% 10-Year U.S. Treasury Note Continuous Contract $109.172 0.219 ...
Federal agents were able to nab about 30 well-known criminal aliens in New York City on Tuesday all thanks to the Trump Administration’s “recommitment to do more to protect our cities ...