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US Steel, Nippon sue Biden over move to block $14B merger

U.S. Steel and Nippon Steel sued the U.S. government on Monday to revive their $14 billion merger after President Biden blocked the deal last week. The CEO of U.S. Steel called. It's a “shameful” capitulation to union leaders. The lawsuit, filed in federal court in Washington, accuses Biden and administration officials of corrupting the deal […]

Nippon Steel and US Steel sue Biden administration over blocked merger

U.S. Steel and Japanese steelmaker Nippon Steel filed a lawsuit against the U.S. government on Monday in a last-ditch effort to move forward with integration, but President Biden blocked the lawsuit on Friday, citing national security concerns. A new lawsuit accuses Biden of intervening in the merger review process for political gain and trying to […]

6 former Florida State basketball players sue legendary coach over unpaid NIL compensation

A group of former Florida State Seminoles basketball players has filed a landmark lawsuit against former coach Leonard Hamilton over unpaid NIL compensation promises totaling $1.5 million. The lawsuit, filed in Florida's Leon County Circuit Court, alleges that Hamilton, who was head coach for 37 years at Oklahoma State University and the University of Miami […]

Six former Florida State players sue hoops coach Leonard Hamilton

TALLAHASSEE, Fla. — Six former Florida State basketball players filed a lawsuit Monday accusing Seminoles coach Leonard Hamilton of failing to fulfill his promise to each player to receive $250,000 in name, image and likeness compensation. Ta. Plaintiffs Darin Green Jr., DeAnte Green, Camron Fletcher, Josh Nickelberry, Primo Spears and Jalen Worley filed the lawsuit […]

6 Florida State basketball players sue for broken NIL promises

florida Last season, men's basketball players refused to practice before a key game against Duke University in protest of broken NIL promises. On Monday, six former players filed a lawsuit against Seminoles head coach Leonard Hamilton for failing to pay each player $250,000. According to Yahoo! insider Ross Dellenger, Sports. Six former FSU players filed […]

Big banks, business groups sue Fed over ‘opaque’ annual stress tests

Major banks and business groups sued the Federal Reserve on Tuesday, alleging that the central bank's annual “stress tests” on Wall Street companies violate the law. The lawsuit, filed in U.S. District Court in Columbus, Ohio, alleges that the Fed's practice of determining large banks' performance against anticipated economic disruptions and assigning capital requirements accordingly […]