President Biden reportedly set to block sale of Pittsburgh's U.S. Steel to Japan-based Nippon Steel
WASHINGTON (KDKA) - President Joe Biden is reportedly preparing to block the sale of U.S. Steel to Nippon Steel . As of Wednesday morning, a U.S. National Security Panel is reviewing the proposed $15 billion deal and the panel has to refer its decision on the merger to President Biden by December 22 or 23.
The U.S. needs to build much faster and much cheaper. Steel magnate Barry Zekelman is gambling $1 billion of his family's ...
Germany's largest steel company is planning to cut thousands of jobs and close one plant in the latest painful overhaul of a ...
Face-to-face talks between Nippon Steel and the United Steelworkers union failed to close the gap over the Japanese company’s ...
Rodney Sharp, drove from Weedsport to Geddes for 28 straight years, working there was a job filled with pride. Sharp left ...
US Steel is headed for long-term decline if Nippon Steel takes over the iconic U.S. company, United Steelworkers head David ...
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ThyssenKrupp Steel announces significant job cuts and production reductions in response to overcapacity, cheap imports, and ...
Nippon Steel is offering nearly $100 million in closing bonuses, including of $5,000 to union employees. The United ...
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