Steelmakers press overhaul of rules on imports
U S steelmakers urge Congress to change trade case criteria to reflect job losses and production harm, arguing current rules rely on profits. They seek punitive damages and broader ITC considerations as imports from China, Korea, Brazil and Turkey flood the market, idling capacity and cutting wages.
MENTIONED IN THIS ARTICLE
New York
U.S
Congress
Thomas M. Conway
United Steelworkers Union
U.S. Steel Corp
Mario Longhi
Ing
China
Europe
USW Union
South Korea
Brazil
Turkey
Senate Finance Committee
Orrin Hatch
Utah
ITC
Commerce Department
Commerce
International Trade Commission
Caitlin Webber
Bloomberg Intelligence
Markets rise on deal news with health care bids
Health care stocks led gains after Mylan bid $29 billion for Perrigo, offsetting energy stock declines as oil prices fell sharply. Royal Dutch Shell agreed to buy BG Group for $69.7 billion, boosting deal activity toward a near trillion-dollar year. Dow and Nasdaq rose while S P 500 gained. Perrigo jumped 18 percent on the bid, Mylan up 15 percent, oil prices plunging sparked energy declines. Investors weighed Fed meetings minutes and upcoming first quarter reports as earnings momentum softens.
MENTIONED IN THIS ARTICLE
Mylan
Perrigo
Europe
Royal Dutch Shell
BG Group
Dealogic
Dan Morris
Tiaacree
Standard & Poor
Federal Reserve
Alcoa
S&p 500
S&p Capital IQ
U.S
Energy Department
New York
London
China fund buys Silicon Valley chip maker
China accelerates a $100 billion push to expand its semiconductor industry abroad and at home, raising U.S. national security concerns. OmniVision’s $1.64 billion bid and ISSI’s $639 million deal illustrate Beijing’s effort to gain control of key tech assets. experts note government involvement and potential pushback as foreign investment panels review the cases.
MENTIONED IN THIS ARTICLE
San Jose
Calif
China
U.S
Silicon Valley
Jonathan Davis
SEMI
Pat Moorhead
Moor Insights
Austin
Texas
OmniVision Technologies
Santa Clara
Interagency Committee On
OmniVision
Shanghai
Beijing
Milpitas
Derek Scissors
Scissors
American Enterprise Institute
Washington, D.C
Orville Schell
U.s.-China
The
Asia Society
Shell BG merger shifts to deepwater push and LNG leadership
Analysts note oil prices remain volatile as BG Group joins Shell in a $70 billion takeover aimed at boosting reserves and LNG sales. The deal combines two top LNG sellers, with BG’s deepwater assets, especially Brazil, appealing to Shell. Shareholders expect 2.5 billion pounds annual savings, while BG’s Helge Lund steps back pending completion.
MENTIONED IN THIS ARTICLE
Wood Mackenzie
ExxonMobil
Exxon
U.S
XTO Energy
Lion
BG Group
Shell
Stadler
Brazil
Ben van Beurden
Helge Lund
Reading
London
Fresh focused Roundy s kitchen drives chain’s edge
Kenosha and Milwaukee based Roundy s operates a 122000 square foot commissary under Mario Jedwabnik to ensure fresh in house prepared foods across 149 stores in Wisconsin and Illinois. They emphasize natural, premium products made to order with 200 season staff and over 7,000 own brands.
MENTIONED IN THIS ARTICLE
Kenosha
Wis
Mario Jedwabnik
Jedwabnik
Roundy
Hce
Target
Dollar
Jim Hertel
Willard Bishop
Chicago
Nick Bandoch
Sendik’s
Roundy’s
Wisconsin
Illinois
Argentina
Also Mentioned on This Page
AK Steel Holding Corp
Steel Dynamics Inc
USS. Steel
Nucor Corp
John Ferriola
Li Xinchuang
China Iron and Steel Association
Xinchuang
Richard Chriss
American Institute For International Steel
China Fund
State Council of China
CSIA
Bay Area News Group
TNS
Grocery
Kitchen
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