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A possible new takeover bid for U.S. Steel emerged on Monday, teeing up more turmoil over the once-dominant company’s future after President Biden’s decision to block its acquisition by a Japanese company. Lourenco Goncalves, the chief executive of an American competitor, Cleveland-Cliffs, said his company had “an All-American solution to save the United States Steel…
Ireland has formally joined South Africa’s genocide case against Israel, according to a statement on Tuesday from the International Court of Justice. The filing, made on Monday, comes months after Ireland announced plans to intervene in the case before the United Nations’ highest judicial body. “Ireland, invoking Article 63 of the Statute of the Court,…
A federal regulator sued a mortgage finance firm owned by Warren Buffett’s Berkshire Hathaway conglomerate on Monday, claiming it made loans to buyers of manufactured homes that it knew they could not afford. The civil suit, filed in federal court in the Eastern District of Tennessee by the Consumer Financial Protection Bureau, said Vanderbilt Mortgage…
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 after President Biden blocked it last week on the basis that the transaction posed a threat to national security. The lawsuit, filed in a federal court in Washington, accused Mr. Biden and other…
An Iraqi who pleaded guilty to commanding insurgents who committed war crimes in Afghanistan filed suit in federal court on Friday, seeking to stop his transfer from the U.S. military prison in Guantánamo Bay, Cuba, to a prison in Iraq. The petition, filed by his lawyers, made public negotiations that had been underway for some…
