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No sale: U.S. Steel rejects $7.3 billion offer from Cliffs

By ALEXANDRA OLSON AP Business Writer NEW YORK — United States Steel Corp. said Sunday that it rejected a $7.3 billion buyout proposal from rival Cleveland Cliffs and was reviewing “strategic alternatives” after receiving several unsolicited offers. Pittsburgh-based U.S. Steel ...

LSCP Perspectives: Business development services lead to stronger businesses and communities

The Lake Superior Community Partnership (LSCP) has served many roles in Marquette County throughout its twenty-five-year history. As we actively engage with members about what the next twenty-five will look like, the impact of our behind-the-scenes business development and support programs has commonly been cited as a critical component of our work. The concept of business development can take many forms, and each local economic development organization fine-tunes its offerings to meet its community where it’s at and where it hopes to go. For the LSCP, this has meant a consistent ...

Financial institution helps students ‘bank’ on their education

MARQUETTE — A local bank says when it comes to education, every donation counts. Range Bank’s annual school supply drive is back for its fourth year. The goal of the drive is to help local students start the school year ready to learn. The bank is encouraging the community to support local schools by either dropping off donations of school supplies to any Range Bank location or by making monetary donations online at RangeBank.com through August 31st. School supply donations will benefit local schools in the regions Range Bank serves. Over the past three years, Range Bank’s ...

Tesla safety probe opened

DETROIT (AP) — U.S. auto safety regulators have opened yet another investigation into safety problems with Tesla vehicles. This time the National Highway Traffic Safety Administration is looking into a dozen complaints about loss of steering control or loss of power steering in the 2023 Models 3 and Y electric vehicles. The probe covers an estimated 280,000 vehicles. Five drivers alleged in complaints they couldn’t steer the vehicles at all. Seven more cited a loss of power steering that required increased steering effort. There was one report of a crash but no complaints of ...

The right space at the right time

By DREYMA BERONJA Journal Staff Writer MARQUETTE — A Marquette company has been tapped by the federal government to study how space debris can be removed from the earth’s orbit. Kall Morris, Inc., an orbital debris remediation company, announced the award of a United States Air Force ...

United Airlines to give union pilots big pay raises

United Airlines and the union representing its pilots said Saturday they reached agreement on a contract that will raise pilot pay by up to 40% over four years. The union valued the agreement at about $10 billion. It followed more than four years of tumultuous bargaining that included picketing and talk of a strike vote. The deal reflects the leverage enjoyed by labor groups, especially pilots, as airline revenue soars on the strong recovery in travel. The Air Line Pilots Association said the agreement, which is subject to a ratification vote, would put United pilots on par with ...