U.S. Steel has allegedly "sold off to the highest bidder to line their own pockets," according to local union presidents who now worry about their job security and livelihoods.
FOX Business' Lydia Hu speaks with United Steelworkers local union presidents, who say the industry is being 'sold off to the highest bidder.'
FOX Business’ Grady Trimble speaks with manufacturers in Iowa about their economic concerns less than a week away from the state’s caucuses.
Baird investment strategy analyst Ross Mayfield breaks down the industrials sector and shares his market outlook for 2024.
U.S. Steel's shares suffered after several quarters of falling revenue and profit, making it an attractive target for rivals looking to add a maker of steel used by the auto industry.
Six jerseys Lionel Messi wore during his victorious World Cup run last year sold at Sotheby's auction house for a total of $7.8 million.
Norfolk Southern has announced it will will soon stop paying relocation aid to people who were forced to move out in East Palestine, Ohio,?in February following a fiery derailment.
Britain's second-biggest steelmaker outlined a 1.25 billion pound plan to make steel in a less carbon intensive way by installing electric arc furnaces at its sites in England.
Canadian auto worker union Unifor and Ford have reached a tentative contract deal, averting a strike that would have seen around 5,600 Canadian workers join UAW in striking.
Ohio GOP Senator JD Vance sent a letter to U.S. Steel calling on the storied American company to reject any buyout offers from foreign entities.
Zekelman Industries Chairman and CEO Barry Zekelman on U.S. steel corp rejecting takeover offer from Cleveland-Cliffs, loan rejection rates rising and the impact of Biden's Inflation Reduction Act tax credit on domestic steel manufacturers.
U.S. Steel Corp. declined a $7.3 billion acquisition offer from rival steelmaker Cleveland-Cliffs Inc. and launched a formal review of its strategic options.
RedBalloon CEO Andrew Crapuchettes explains how the baby boomer generation has left a stigma on blue or mixed-collar work.
A train derailment has been reported near Big Timber, Montana with a bridge collapse sending multiple cars into the Yellowstone River and leaking fuel.
Minnesota-based chemicals manufacturer 3M has reached a $10.3 billion agreement to settle lawsuits over contaminated U.S. drinking water systems.
Bunge will buy Viterra for $8.2 billion. The acquisition will come alongside a $2 billion stock buyback and will merge ownership through a stock and cash deal.
A 40-year-old worker at a Whiting, Wisconsin paper mill was tragically killed this week after being caught in the machinery and fatally injured.
Incentive spending is up as new vehicle inventories improve, which helped drive the average transaction price paid for a new vehicle below MSRP in April.
A backlog of orders stemming from supply-chain bottlenecks during the pandemic and higher demand from new factories under construction have boosted manufacturing companies.
The World Bank expects much of the fall that has already occurred to now be steady for the remainder of the year, with prices possibly lifting in 2024.