Cleveland

US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs

United States Steel Corp. has said that it rejected a $7.3 billion buyout proposal from rival Cleveland Cliffs and was reviewing "strategic alternatives" after receiving several unsolicited offers.

Pittsburgh-based U.S. Steel said it rejected the offer because Cleveland-Cliffs was pushing it to accept the terms without being allowed to conduct proper due diligence.

Ohio man cleared of murder after 39 years in jail to get $1-million payment

An Ohio man freed last year after spending 39 years in jail for a murder he did not commit will receive more than $1 million from the state for his wrongful imprisonment, court records show.
   
An Ohio Court of Claims judge on Thursday ordered that just over $1 million be paid to Ricky Jackson, the longest-held U.S. prisoner to be cleared of a crime.