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With reports that President Joe Biden is preparing to block U.S. Steel’s sale to a Japanese company, a high-stakes battle with significant political and labor implications is unfolding.
In Nippon Steel, an outsider to the region, residents initially saw the potential for change. Perhaps, they thought, the sale offered an opportunity to solve a generational public health problem.
PITTSBURGH (KDKA) -- U.S. Steel says it may have to move its headquarters from Pittsburgh and thousands of union jobs could be at risk if its sale to the Japanese company Nippon Steel fails.
Standing before a sea of workers in orange jackets and hard hats, U.S. Steel executive Scott Buckiso argued for a $14.9 billion sale to Nippon Steel at a rally in downtown Pittsburgh on Wednesday.
red down pointing triangle chief executive said the company would close steel mills if its planned sale to Nippon Steel 5401 0.81%increase; green up pointing triangle collapses, as the Biden ...
A celebrated Scottish racing stables that has produced nearly 1,000 winners in recent years is up for sale at offers over £750,000. Property agent Galbraith, which is handling the sale, declared this ...