Nippon Steel and US Steel sue Biden administration, USW and Cleveland-Cliffs over blocked merger deal

US Steel and Nippon Steel filed lawsuits in Washington to try and overturn last week's decision by the Biden administration to block their planned merger. In a scathing statement, the steelmakers accused the outgoing president of making the move for political gain.  They also sued the USW and Cleveland-Cliffs for colluding to kill the deal to try and monopolise the US steel industry. Plus, a 276 kg bluefin tuna fetched €1.2 million at a New Year auction in Japan.