Top Stories for May 22, 2024: 1. Cleveland-Cliffs (NYSE:CLF) refutes allegations from the U.S. Steel (NYSE:X) Board, stating that the company announced an “unclosable deal” that it is now blaming on Cleveland-Cliffs. They present evidence countering its claims of misinformation, highlighting union endorsement and national security concerns echoed by government officials, including President Joe Biden. Cliffs reiterated its unwavering position on the importance of union support and maintaining U.S. Steel’s American ownership. Criticism was directed toward U.S. Steel’s strategic review process, …
