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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.
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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.
Live news: US Steel says ‘thousands’ of jobs at risk if sale to Nippon Steel is blocked on facebook (opens in a new window) Live news: US Steel says ‘thousands’ of jobs at risk if sale to ...
U.S. Steel warned Wednesday that it may cut staff and move its headquarters from Pittsburgh if the company’s planned sale to Japanese steelmaker Nippon Steel falls apart. Nippon Steel announced ...
The White House is signaling an openness to blocking the acquisition of U.S. Steel by Nippon Steel, as a government review of the proposed takeover by the Japanese company is wrapping up.
The United Steelworkers’ opposition to the sale of U.S. Steel was dealt a setback after an arbitration panel ruled Nippon Steel sufficiently complied with the union’s contract to become the ...
US Steel is warning the White House not to block its sale to Nippon Steel. The company floated massive job cuts in Pennsylvania, a key swing state. Reports say Biden will reject the sale ...