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Feb 09 2024
News
An Alabama radio station’s 200-foot steel tower is missing, manager says
Even after decades of working in radio, the call Brett Elmore received last week was more shocking than any he had fielded on the air. His landscaper had noticed a problem at one of his station’s properties — a 200-foot-tall one, to be exact. “The tower is gone,” he recalled the landscaper saying. Elmore, the general manager of WJLX in Jasper, Ala., was certain he had misheard. The structure
Washington PostDec 18 2023
News
Pittsburgh-Based U.S. Steel Sold To Japanese Company
PITTSBURGH, PA — Pittsburgh-based U.S. Steel has been sold to Nippon Steel Corporation in Japan in a $14.9 billion deal. Both companies announced the sale on Monday. U.S. Steel, founded in 1901, will retain its name and its headquarters here. The transaction was unanimously approved by the board of directors at both U.S. Steel and Nippon, and is expected to close in the second or third quarter
Patch.comNov 09 2019
Headline Roundup
Fiona Hill Transcript Details Key White House Meeting, Steele Dossier
Impeachment investigators in the House of Representatives released the deposition transcript yesterday of Fiona Hill, former senior director of the National Security Council for Europe and Russia. Hill's testimony touched on a wide range of key events and figures in the controversy, including a July 10 White House meeting at which then-National Security Advisor John Bolton appeared "furious"
USA TODAY Washington Examiner PoliticoDec 06 2023
News
UPenn students compile dossier of antisemitic events leading to ‘climate of fear’ on campus
The University of Pennsylvania’s motto comes from a quote from Horace, Leges Sine Moribus Vanae — “Laws without morals are in vain.” But it is a lack of morals, of willing to stand up to antisemitism, that has created a “climate of fear” across campus. Demonstrations headed by “Penn Students Against the Occupation,” recognized as an official club by the university have left students at the
New York Post (News)Dec 19 2023
News
Sen. Fetterman Joins GOP in Slamming US Steel Sale
Democratic Sen. John Fetterman harshly criticized the sale on Monday of Pittsburgh-based US Steel for $14.9 billion to Japan's Nippon Steel as “absolutely outrageous,” joining Republicans in attacking the deal. The Pennsylvania senator said on X that "it’s absolutely outrageous that US Steel has agreed to sell themselves to a foreign company. Steel is always about security — both our national
Newsmax (News)Dec 19 2023
News
Lawmakers push to stop ‘fundamentally troubling’ sale of US Steel
Lawmakers in both parties are up in arms about the $15 billion acquisition of U.S. Steel by Japanese Nippon Steel Corporation (NSC), warning the deal could threaten national security, shift steelworking jobs to low-wage states and undermine U.S. industrial capacity. In a letter sent Tuesday to Treasury Secretary Janet Yellen, Republican senators said Committee on Foreign Investment in the
The HillOct 19 2023
News
Nucor Steel set to break ground Friday
APPLE GROVE, W.Va. — Nucor Steel breaks ground on its $3.1 billion sheet steel plant in Mason County Friday morning. A ceremony is set to start at 10 o’clock at the 1700-acre Apple Grove site where there’s already a lot of activity already taking place. Nucor, which makes new steel from scrap steel, announced its decision to come to West Virginia in January 2022. The state used $300 million in
WV Metro NewsDec 18 2023
News
U.S. Steel, founded in 1901, to be sold for $14.1B to Japanese company
This is a portion of U.S. Steel's Edgar Thomson Plant in Braddock, Pa., on Monday, Dec. 18, 2023. U.S. Steel, the Pittsburgh steel producer that played a key role in the nation's industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion. (AP Photo/Gene J. Puskar) Nippon Steel Corporation's logo is displayed on a sign outside its headquarters
The DayDec 18 2023
News
Storied U.S. Steel sold for $14 billion to Japanese company
U.S. Steel, the Pittsburgh steel producer that played a key role in the nation’s industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion. The transaction is worth about $14.9 billion when including the assumption of debt. The combined company will be among the top three steel-producing companies in the world, according to 2022 figures from
The OregonianDec 18 2023
News
US Steel sold to Japanese rival in $14 billion deal
U.S. Steel, a major corporation with a storied history, has been purchased by Japan’s largest steelmaker as part of a multi-billion-dollar acquisition. Nippon Steel Corp. and U.S. Steel announced the deal on Monday morning. The price tag for the acquisition is more than $14 billion. The deal values U.S. Steel at $55 per share, which is much more than shares of the company were trading at just
Washington Examiner