Business
Cleveland-Cliffs Signals a Possible New Bid for U.S. Steel
A possible new takeover bid for U.S. Steel emerged on Monday, teeing up more turmoil over the once-dominant company’s future after…
Tag
Acquisitions and Divestitures
Business
Constellation Energy to Buy Power Producer Calpine
Constellation Energy, the nation’s largest nuclear power plant operator, has agreed to buy another electricity producer, Calpine, for…
Business
U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders
For more than a year, U.S. Steel pursued an ambitious solution to its mounting challenges. Once a symbol of American industrial might, it…
Business
Behind Disney’s Deal to Merge Hulu + Live TV and Fubo
Just a week into 2025, the media industry got its first consequential transaction: The Walt Disney Company is buying 70 percent of Fubo,…
Politics
U.S. Steel and Nippon Sue Biden Over Decision to Block Deal
U.S. Steel and Japan’s Nippon Steel sued the United States government on Monday in a last-ditch attempt to revive their attempted merger…
Business
Why Japan Won’t Stop Trying to Invest in the U.S.
As signs emerged that President Biden was gearing up to stop the Japanese steel maker Nippon Steel from acquiring Pittsburgh-based U.S.…
News
The Fallout from U.S. Steel
The end of a troubled takeover bid President Biden is set to officially block Nippon Steel’s $14 billion takeover of U.S. Steel as soon as…