Nippon, US Steel sue Biden admin for blocking mergerThe suit, filed Monday in the US Court of Appeals for the District of Columbia, alleges that it was a political decision and violated the c...
07 Jan, 2025, 06.03 AM IST
Biden blocks Nippon Steel’s $14 billion takeover of US SteelPresident Joe Biden has blocked the nearly USD 15 billion acquisition of US Steel by Japan's Nippon Steel, emphasizing the need for major U...
04 Jan, 2025, 12.03 AM IST
Joe Biden will decide on US Steel acquisition after influential panel fails to reach consensusA government panel could not reach a consensus on the national security risks of Nippon Steel's nearly $15 billion acquisition of U.S. Stee...
24 Dec, 2024, 08.38 AM IST
US Steel should remain American owned and run: Kamala HarrisIt's not clear whether a decision on the takeover will land on Biden's desk or that of his successor-or even if it will proceed at all. Sti...
03 Sep, 2024, 11.24 PM IST
HCL Tech employees at Google US join UnionThese 80 technology sector professionals are employed by the fourth largest India tech services company and working at Google’s Bakery Squa...
26 Sep, 2019, 02.29 PM IST
Indian-origin steel tycoon purchases ArcelorMittal's US steelworksThe sale marks the first in a series of strategic North American acquisitions and new projects targeted by Gupta-led GFG Alliance.
19 Dec, 2017, 10.28 PM IST
Barack Obama thanks Lakshmi Mittal for investing in recession-hit USThis year alone, the company has invested $70 million, resulting in creation of 150 new jobs, the Indian steel baron Lakshmi Mittal said.
16 Nov, 2013, 01.28 AM IST
- US launches China trade investigation
The Obama administration has decided to launch an investigation into various Chinese practices that a major US union says are robbing Ameri...
15 Oct, 2010, 10.54 PM IST
- US launches China trade investigation
The Obama administration has decided to launch an investigation into various Chinese practices that a major U.S. union says are robbing Ame...
15 Oct, 2010, 09.50 PM IST
- Union says talks with are Goodyear progressing
The Steelworkers union reported progress in contract talks with Goodyear Tire & Rubber Co. as both sides negotiated into the evening with a...
30 Aug, 2009, 06.57 AM IST
- ArcelorMittal to suspend operations at Cleveland plant
ArcelorMittal plans to suspend operations at its Cleveland site in early May amid a declining market for steel and lay off about 700 more w...
08 Mar, 2009, 08.55 AM IST
- Bridgestone to cut jobs and production at US plant
Japan's Bridgestone said on Tuesday it would stop producing tyres for passenger cars and light trucks at a plant in the United States next ...
02 Dec, 2008, 03.51 PM IST
- USW wants strike authority in ArcelorMittal talks
The United Steelworkers union has asked more than 14,000 of its members at facilities run by ArcelorMittal, the world's largest steelmaker,...
27 Aug, 2008, 12.38 AM IST
- USW wants strike authority in ArcelorMittal talks
The United Steelworkers union has asked more than 14,000 of its members at facilities run by ArcelorMittal, the world's largest steelmaker,...
26 Aug, 2008, 10.19 PM IST
- ArcelorMittal spends US$1.6B to expand in Brazil
ArcelorMittal SA will spend US$1.6 billion to build new steelworks that will supply surging demand in Brazil, the world's largest steel mak...
07 Aug, 2008, 03.17 PM IST
- Essar faces Russian roadblock in US acquisition
Another bidding war seems to be brewing in the steel sector with Indian conglomerate Essar group's $1.1 billion takeover offer for Esmark o...
21 May, 2008, 04.26 PM IST
- US steel distributor Esmark accepts buyout offer from India's Essar Steel Holdings
Deal is valued at $778 mn including a $110 mn long-term loan. If more than 50 pc of the outstanding shares are tendered, a cash-out merger ...
30 Apr, 2008, 09.40 PM IST