Cleveland-Cliffs could rename, relocate if it acquires U.S. Steel
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.
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 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 eyeing all-cash bid for U.S. Steel, source says
Cleveland-Cliffs is partnering with peer Nucor to prepare a potential all-cash bid for U.S. Steel, with an offer in the high $30s per share, a person familiar with the matter said on Monday. Cliffs is aiming to purchase all of U.
Cleveland-Cliffs and Nucor plan joint bid for US Steel
Cleveland-Cliffs and Nucor are set to launch a joint bid to acquire US Steel just weeks after US President Joe Biden blocked the $15bn takeover of the Pennsylvania-based group by Japan’s Nippon Steel,
Cleveland-Cliffs and Nucor Mull Fresh Bid for U.S. Steel
Cleveland-Cliffs is discussing joining with Nucor on a possible bid for U.S. Steel that is still likely months away from happening, according to people familiar with the matter. U.S. Steel had planned to sell itself to Japanese steelmaker Nippon Steel but President Biden earlier this month blocked the transaction over concerns about foreign ownership and national security.
Cleveland-Cliffs partners with Nucor to potentially bid for US Steel
Cliffs is partnering with peer Nucor to prepare a potential bid for U.S. Steel, a person familiar with the matter told Reuters on Monday. Cleveland-Cliffs would purchase U.S. Steel in an all-cash deal,
'All-American solution': Bid for U.S. Steel in the works, Nucor part of the deal
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday, Jan. 13, 2025, that he wanted to make a new bid for U.S. Steel, which accepted the buyout offer from Nippon in 2023 after it rejected an offer by Cleveland-Cliffs.
2 teenagers killed in Cleveland shooting: What we know
CLEVELAND — Cleveland police are investigating after two teenagers were killed on Tuesday morning. Cleveland police say that ...
Cleveland sues the Browns over proposed move to Brook Park
The city has sued the team over the proposed move out of Cleveland to a domed stadium in Brook Park. The lawsuit arises under ...
Cleveland-Cliffs CEO blames US 'weakness' for keeping Nippon deal alive, putting wrench in rival bid plans
Cleveland-Cliffs CEO Lourenco Goncalves criticized the deadline extension keeping Nippon Steel's bid to acquire U.S. Steel ...
Cleveland City Council considers spending $1M to bolster renter assistance programs in the city
Cleveland City Council is considering giving $1 million to the United Way of Greater Cleveland and seven other organizations ...
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WATCH: Man appreciates beauty of snowfall in Cleveland
The snow has stopped (for now) in Cleveland, but the bitter cold prevails. A WINTER WEATHER ADVISORY remains in effect until ...
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'You can't take the money and run': City of Cleveland sues the Browns over Modell law
The lawsuit comes just a few months after the Browns filed their own complaint challenging the constitutionality of the state ...
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Cleveland among worst-performing cities for economic growth
Cleveland ranks among the nation's worst-performing big cities in terms of economic vitality, but improvements could be on ...
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Winter Wonder Weekends coming to Cleveland Metroparks Zoo
Cleveland Metroparks Zoo is bringing a new winter experience to guests with the launch of Winter Wonder Weekends.
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Cleveland News
The Cleveland Networking Mixer concludes each year with a holiday edition. This year, the annual wrap up was held in the Foundation… Everything was all smiles at Assembly of the Arts' Quarterly ...
Cleveland's West Side Market closed today: Here's why
The West Side Market will reopen to the public with their normal operating hours starting at 8 a.m. on Friday, Jan. 17.