A businessman who was also an innovator, Carnegie was known for his success in the market. Using the Bessemer process at his Homestead Steel Works plant, he successfully made steel more cheaply and ...

The Carnegie Steel Company superintendent, Henry Clay Frick, proposed cutting workers' wages during a contract negotiation in 1892, claiming increased efficiency had inflated wages. Frick also wanted ...

Cleveland-based activist investor Ancora is pushing for U.S. Steel to elect a new board of directors that would stop its ...

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If J.P. Morgan had consolidated American steel under a different banner in 1901 — say, Carnegie Steel or Federal ... and invest $2.7 billion in plant upgrades. They guaranteed production ...

Carnegie threw his own money into the process and even borrowed heavily to build a new steel plant near Pittsburgh in 1875. Carnegie was ruthless in keeping down costs and managed by the motto ...

The investment firm Ancora is pushing U.S. Steel shareholders to drop the Nippon Steel merger and oust CEO David Burritt, a move that would align with President Donald Trump’s insistence that U.S.