Republican presidential candidate Donald Trump will on Sunday reiterate a pledge that if elected, he will block Nippon Steel's planned purchase of U.S. Steel , according to an advance excerpt of his speech to a Pennsylvania rally.
China announced several measures, including lowering the amount of cash that banks must have in reserve, to resurrect its housing market and the broader economy this week.
Nippon Steel's bid to buy U.S. Steel was given the green light by an arbitration board tasked with reviewing the United Steelworkers union's complaints with the transaction.
U.S. Steel said on Wednesday the board of arbitration, jointly selected by the steelmaker and the United Steelworkers union, has ruled in favor of Nippon Steel's $14.9 billion buyout deal.
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel” or the “Company”) today announced the Board of Arbitration, which is jointly selected by U. S. Steel and the United Steelworkers (“USW”) to decide disputes between them, ruled that U. S. Steel has satisfied each of the conditions of the successorship clause of its Basic Labor Agreement (“BLA”) with the USW and...
US Steel's CEO, David Burritt, is standing firm on the company's planned $14.9 billion sale to Japan's Nippon Steel, expressing confidence that the deal will ultimately succeed despite vocal opposition from President Joe Biden and other political figures.
U.S. Steel CEO David Burritt said the company "won't be able to succeed without Nippon." President Joe Biden has vowed that U.S. Steel will remain American-owned.
PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced it is the first steel company in the world to qualify to sell its products as ResponsibleSteel Certified Steel at its Big River facility in Osceola, Arkansas. Big River received the first ResponsibleSteel Site Certification in North America in 2022 and is once again at the forefront of innovat...
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