A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to ...
S. Steel, our employees, our communities and our country." Industry experts said that without outside investment from Japan, the U.S-based steel manufacturer's path forward is murky. "With foreign ...
Groups of U.S. Steel employees have also backed the transaction. “Our employees and communities deserve better. We needed a President who knows how to get the best deal for America and work hard ...
even offering $5,000 in closing bonuses to U.S. Steel employees, a nearly $100 million expense. A number of conservatives and business groups like the U.S. Chamber had publicly backed the deal ...
an operating technician and vice president of the United Steelworkers union local at a U.S. Steel plant in the Mon Valley. “They committed to 10 years of no layoffs. We won’t have those commit ...
Nippon Steel sent a new proposal in its bid to buy U.S. Steel, including giving the U.S. government a veto over any reduction ...
which the companies said would be the best way to keep U.S. Steel and USW-represented employees in Pittsburgh and the Mon Valley. But with President Joe Biden blocking the deal, the only option ...
"Make no mistake: This investment is what guarantees a great future for U.S. Steel, our employees, our communities and our country. We intend to fight President Biden's political corruption." ...
“Our employees and communities deserve better ... domestically but could scare away foreign investment in other US companies. It could also starve US Steel of investment it says it needs. Late last ...
President Joe Biden has formally blocked a proposed near-$15 billion acquisition of U.S. Steel by Nippon Steel of Japan due to "national security" concerns. The decision, announced on Jan. 3 ...
Nippon Steel had, in recent days, offered to allow any U.S. president to stop layoffs or cuts in production at U.S. Steel as part of its bid to get the deal approved. Biden criticized foreign ...
S. Steel, our employees, our communities and our country." Limited options Industry experts said that without outside investment from Japan, the U.S-based steel manufacturer's path forward is murky.