U.S. Steel warned Wednesday that a failure to merge with Nippon Steel would put thousands of U.S union jobs at risk and result in the American steelmaker largely pivoting away from its blast furnace facilities and potentially moving its headquarters.
The announcement comes as the deal faces strong bipartisan opposition with Vice President Kamala Harris on Monday saying she wants U.S. Steel to remain "American owned and operated". Her Republican rival Donald Trump has pledged to block the deal if elected.
DP World, a global leader in logistics and supply chain solutions, has announced the appointment of Jason Haith as Vice President, Commercial Freight Forwarding – U.S. and Mexico, effective immediately.…
View ArticleTotal nonfarm payroll employment increased by 256,000 in December, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment trended up in…
View ArticleA potential strike at East Coast and Gulf Coast ports has been avoided with the announcement of a tentative labor agreement, but the nation’s major container ports have already seen…
View ArticleS&P Global Ratings today said it expects activity in the U.S. transportation sector will continue to normalize in 2025, with growth rates for most modes of transportation slowing to levels…
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