Reported about 11 hours ago
Nippon Steel announced that it has settled all legal disputes with the United Steelworkers union and Cleveland-Cliffs regarding its $14.9 billion acquisition of U.S. Steel. The settlement includes the dismissal of lawsuits and unfair labor practice charges, with no financial compensation exchanged. Both parties are now focusing on steelmaking operations and collective bargaining after overcoming months of resistance related to foreign ownership of the American steelmaker.
Source: YAHOO