
Articles
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5 days ago |
post-gazette.com | Tim Grant |Steve Bohnel |Madaleine Rubin
Justin Guido/Post-Gazette Mark Burton Bloomberg Futures tracking the prices U.S. manufacturers pay for aluminum and steel surged after President Donald Trump said he will double tariffs on the metals this week. Contracts linked to the all-in price of aluminum delivered to the U.S. Midwest jumped 54% to the highest since at least 2013 on the Comex exchange in New York on Monday — offering an early glimpse of the much higher costs for American factories, with import levies set to rise to 50%...
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1 week ago |
mahoningmatters.com | Tim Grant
May 31-After years of disappointment, U.S. Steel shareholders are finally getting a payday - but only if they've hung onto the stock this long. Nippon Steel - with President Donald Trump's apparent greenlighting of the long-proposed $14.9 billion deal - is set to acquire the iconic Downtown-based steelmaker and pay out $55 in cash per share to investors when the deal closes.
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1 week ago |
post-gazette.com | Tim Grant
After years of disappointment, U.S. Steel shareholders are finally getting a payday — but only if they’ve hung onto the stock this long. Nippon Steel — with President Donald Trump’s apparent greenlighting of the long-proposed $14.9 billion deal — is set to acquire the iconic Downtown-based steelmaker and pay out $55 in cash per share to investors when the deal closes.
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1 week ago |
post-gazette.com | Tim Grant
For generations, Matthews International Corp. has been known in Pittsburgh — and beyond — as the company that makes caskets and cemetery markers. These days it’s doing much more than burying and memorializing the dead. Matthews, headquartered on the North Shore, has been busy reinventing itself while staring down some of the most powerful forces in business. The 175-year-old company is fending off a $1 billion lawsuit from Tesla, which claims Matthews stole trade secrets tied to battery technology.
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2 weeks ago |
mahoningmatters.com | Tim Grant
May 24-When Sara Minshull's clients fell in love with an 80-year-old house in Ross Township recently, they didn't expect a bidding war with 12 other buyers - or that they'd win it by waiving the home inspection. "My buyers really wanted it. They paid cash and waived all contingencies. And that's how they got it," said Ms. Minshull, a local Redfin real estate agent.
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