Cleveland-Cliffs eyeing all-cash bid for U.S. Steel, source says

Contributing sentiments towards policy:

42% : "President Trump will change the backdrop of the entire industry," Goncalves said in an interview on CNBC's "Mad Money" on Tuesday night.
34% : Enforcement of Biden's order, which gave the parties 30 days to unwind the transaction, was postponed until June after the companies sued the U.S. president, alleging he violated the constitution by depriving them of due process when he blocked the deal.
26% : Trump and Biden both asserted the company should remain American-owned after USW President David McCall expressed his opposition to the tie-up.Goncalves' comments on Monday appeared to be an about-face for the executive, who floated keeping the companies separate last week.
8% : But the offer became politicized, with both Biden and Republican President-elect Donald Trump pledging to kill the deal as they wooed voters in the swing state of Pennsylvania where U.S. Steel is headquartered.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.