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...The Federal Reserve is set to press ahead with plans to cut rates despite an unexpected surge in jobs growth in January, with a $7tn immigration-led economic boost and fewer job vacancies convincing officials...
...China’s heavily subsidised steel and aluminium makers have flooded global markets with discounted metals, costing Pennsylvania jobs, he said....
...Ohio-based Cleveland-Cliffs steel was awarded up to $500mn to replace one of its Middletown blast furnaces to be “hydrogen-ready”, among other measures....
...This leaves a big opening for Cleveland-Cliffs, which has jumped at the chance to flex what a good relationship it has with its own union workers. But that’s just part of the story....
...“Based on past practice, it is likely that Cfius would have been on track to clear the deal, likely with some conditions related to protection of domestic steel production and related jobs,” said Emily Kilcrease...
...Loretta Mester, president of the Cleveland Federal Reserve and one of the officials who votes on interest rates, said last week’s jobs report for January showed the labour market was “remarkably resilient...
...Cleveland-Cliffs said in a presentation to investors that acquiring US Steel would create “a stronger foundation for critical infrastructure and national security, along with accelerated job creation”, noting...
...“If the conditions that you’re working in are atrocious, that will undermine your morale and you’ll be less inclined to stick with that job.”...
...Headline figures pointing to a booming US job market are masking a shift in the balance of power from employee to employer, with companies becoming more demanding of their staff as they find it easier to...
...He suggested that Duda could start to mend ties with Tusk, eyeing a potential international job after his term ends. “Polish politics in this regard is quite unpredictable.”...
...Kanał Zero was founded by former sports journalist Krzysztof Stanowski, who half-jokingly said during a recent interview with President Andrzej Duda that he wanted to run for the country’s top job next year...
...But such people have already been punished, and this would be a small miscarriage of justice compared with the mass wrong against innocent victims....
...Though cross-border acquirers do not always keep their word, Nippon has pledged not to shift production or US jobs overseas, and to honour bargaining agreements with the United Steelworkers union....
...We start today with an exclusive preview of a warning Joe Biden is expected to issue to China this week at summits with his Japanese and Filipino counterparts at the White House....
...The Pittsburgh-based company rejected a $7.3bn approach from rival Cleveland-Cliffs, and seemed to shrug when the privately held Esmark followed with a $10bn proposal....
...The US has portrayed the alleged scheme as stretching all the way back to Steve Jobs, the company’s iconic founder who died in 2011....
...During his 2015 trial, Hayes said that he was only trying to do his job well and did everything with the knowledge of his superiors....
...Well Swampians, I hardly know where to begin with the Apple vs Department of Justice antitrust mega-case, which came down last week and will probably run for years....
...With the Fed’s policy settings now in a “good place”, Mester said officials would be conscious not to wait too long to lower interest rates such that they cause excessive job losses....
...Bumper jobs figures on Friday, with an unemployment rate of 3.8 per cent, only added to the risk that those expecting swift and deep action from the Fed may be disappointed....
...The FAA and US Department of Justice have launched investigations....
...O’Connor was known as a conservative moderate on the court, and proved to be an influential swing vote willing to side with liberal justices on matters such as abortion and affirmative action — two issues...
...Elsewhere, Cleveland Fed president Loretta Mester is scheduled to make a television appearance....
...Powell and the other speakers may reiterate that point, particularly in the wake of a blowout January jobs figures on Friday....
...He will remain in his job during the proceedings, which are expected to last 10 days....
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