(FOX BUSINESS) – U.S. Steel issued layoff warnings to 1,000 employees of its Granite City, Illinois, mill this week, saying they expect to fire 60% of them due to indefinite idling of iron and steelmaking operations at the facility. The warnings rocked the local community, which will be severely impacted by the move. "You’ve got…
ExxonMobil shareholders voted Wednesday to reincorporate in Texas and leave New Jersey rejecting two global advisory firms’ recommendations. Seventy-one percent of...