Activist investor Ancora has nominated nine candidates to U.S. Steel's board of directors, as it looks to oust company CEO David Burritt and push the American steelmaker to back out of a $14.9 billion merger deal with Japan's Nippon Steel.

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Shares of U.S. Steel Corp. (X) held steady with gains of nearly 0.5% in morning trade on Thursday as investors keep their eyes peeled ahead of the company’s fourth-quarter results scheduled for after-market hours.

President Biden’s decision to block the purchase of U.S. Steel by Japan’s Nippon Steel constitutes a legally questionable use of executive power that degrades our alliance with Japan, weak

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. Ancora said

Ancora Holdings Group, with $10 billion in assets, reported acquiring a 0.18% stake in the Pittsburgh company. It said Monday that U.S. Steel CEO David Burritt and the company’s board have

Activist investor Ancora Holdings has acquired a stake in US Steel and urged the steelmaker to drop its merger with Japan's Nippon Steel.

Ancora Holdings has acquired a stake in U.S. Steel, urging the company to abandon its merger with Nippon Steel. Ancora also seeks to replace U.S. Steel's CEO with its own board nominees. Former President Biden and Donald Trump oppose the Nippon deal,

Some steelmakers in Canada and Mexico are telling customers that they are refusing new orders to the U.S. on concerns that President Donald Trump soon will reimpose duties. Canada’s Stelco — which is owned by Cleveland-Cliffs — has been telling U.

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The battle over American manufacturing icon U.S. Steel just got a little stranger than it already was. An activist investor is trying to scuttle a deal between U.S. Steel and Nippon Steel that was already on life support.

Ancora Holdings Group wants new board members to focus on U.S. Steel's turnaround, not selling the company. Cleveland-Cliffs is also trying to purchase U.S. Steel.