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Nippon Steel Corp. will postpone arrangements to complete its acquisition of United States Steel Corp. by three months through December, with the deal having become a hot-button topic i
Nippon Steel said in a statement Friday it is postponing by three months the closing of its planned $14 billion acquisition of Pittsburgh-based U.S. Steel, after each company received requests from the Department of Justice for additional information. “Nippon Steel will continue to fully cooperate with the examination of the relevant authorities,” the company’s statement […] The post Nippon Steel postpones U.S. Steel acquisition by three months appeared first on Pennsylvania Capital-Star.
United States Steel Corporation received the “Governor’s Award for Environmental Excellence” from the Pennsylvania Department of Environmental Protection for converting two of its diesel...
PITTSBURGH – Citing what it believes are improperly pled and time-barred claims, U.S. Steel has motioned to dismiss class action litigation alleging it violated the Pennsylvania Minimum Wage Act (PMWA) by not paying employees for the time they spent showering and walking to their worksites, among other pre- and post-work activities.
Nearly 100 percent of the United States Steel Corp. shareholders who cast votes on April 12 regarding Nippon Steel Corp.'s proposed acquisition of the company approved the plan, despite opposition from unionized workers backed by President Joe Biden.