(The Center Square) – A controversial $14.9 billion overseas buyout of the iconic U.S. Steel company based in Pittsburgh still doesn’t have Donald Trump’s support. On Tuesday, the president-elect reaffirmed his vow to block the deal with Japanese-based Nippon Steel, upholding the same promise given by the Biden administration earlier […]
GOP worker protection bills withering on the vine, for now
(The Center Square) – A Republican-backed slate of bills focused on workplace discrimination protections in Pennsylvania will likely expire this year without action. Even though the legislative session ends Nov. 30, lawmakers could reintroduce the bills again in January. Of the package, House Labor and Industry Committee Minority Chairman Ryan […]
Peter Mihalick: Despite noise from politicians steel deal is good for Pittsburgh
Watching from afar, it is sad that the politics of the D.C. swamp have infected Pittsburgh. That’s the only way to explain why politicians and special interests from outside Pennsylvania are working so hard to block the Nippon Steel – U.S. Steel deal, which objectively would be good for the […]
Jeffrey Kupfer: Politicians shouldn’t endanger the U.S. Steel deal
President Biden is apparently on the cusp of using his executive powers to block Nippon Steel’s acquisition of U.S. Steel, claiming that it would harm U.S. national security. It’s a claim that doesn’t stand up to scrutiny and obscures what appears to be the real reason for his action – […]
Kyle Sammin: The U.S. Steel merger is good for workers, good for Pennsylvania
When Donald Trump imposed a “temporary” 25 percent tariff on steel in 2018, many Democrats and their friends in the media pounced on the plan as ill-considered and harmful to the American economy. Even some Republicans were uncomfortable with the executive action. Legality was not the issue: the section of […]
Becky Corbin: When bipartisan consensus is not a virtue
The prospect of foreign ownership of a storied American company raises concerns, but opposition to this merger is misguided.
By Becky Corbin
Without Nippon deal, U.S. Steel may leave Pittsburgh
(The Center Square) – The company behind the eponymous “Steel City” may be a Pittsburgh icon no more. U.S. Steel, founded in the city more than 120 years ago, said Wednesday that without Japanese-owned Nippon Steel’s $14.9 billion acquisition, it would relocate out of Pittsburgh – dealing an economic and […]
New analysis finds Pittsburgh’s bad, but Philly’s worse, when it comes to housing
Philadelphia may be known for Ben Franklin, Rocky, and cheesesteaks, but it’s listed far below Pittsburgh in a new ranking of real estate markets. Why? Too many underwater mortgages and not enough jobs, according to an analysis by WalletHub. Analysts compared seventeen “key indicators of housing market attractiveness and economic strength” […]
Guy Ciarrocchi: Kamala’s inflation gimmick is rejected even by The Washington Post
Joe Biden’s Vice President, Kamala Harris, is co-author of the very policies creating the worst inflation since Jimmy Carter. Now, she wants us to believe she finally understands the problem and has the solution. If we will just elect her and wait until 2025, she promises that she’s going to […]
Pittsburgh struggling to regain economic footing after pandemic
(The Center Square) — Though Pittsburgh lags behind comparable cities, it does have some bright spots. The Allegheny Conference on Community Development, pulling stats from the second quarter of 2024, found some reasons for optimism. The labor force, for example, grew almost 2% year over year, “a full percentage point greater than […]