International Business News - X http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Steel producer United States Steel Corp. spent more than $1.2 million in the second quarter lobbying the government on environmental, energy and other issues, according to a recent disclosure report. http://www.ibtimes.com/articles/20080828/us-steel-spent-over-1-2m-lobbying-govt-in-2q.htm Thu, 28 Aug 2008 11:13:20 EDT Revised water quality rules intended to protect Indiana's waters from pollution are taking longer than expected to draft and likely won't be finalized until mid-2009, the state's top environmental official said. http://www.ibtimes.com/articles/20080828/ind-water-rules-draft-taking-longer-than-expected.htm Thu, 28 Aug 2008 10:31:24 EDT Members of the United Steelworkers union have voted to give the union authority to launch a nationwide strike against ArcelorMittal, the world's largest steel producer, if ongoing contract negotiations fail. http://www.ibtimes.com/articles/20080828/usw-gets-authority-to-strike-against-arcelormittal.htm Thu, 28 Aug 2008 07:02:01 EDT The United Steelworkers union said Wednesday its members had voted to give it the authority to launch a nationwide strike against ArcelorMittal, the world's largest steel producer, if ongoing contract negotiations fail. http://www.ibtimes.com/articles/20080827/usw-to-announce-strike-vote-results.htm Wed, 27 Aug 2008 21:48:10 EDT Shares of steel makers rose Wednesday after government data showed stronger-than-expected orders for big-ticket manufactured goods in July. Earlier Wednesday, the Commerce Department said orders for durable goods rose 1.3 percent last month, well above the 0.1 percent increase economists expected. http://www.ibtimes.com/articles/20080827/sector-snap-steel-companies-rise.htm Wed, 27 Aug 2008 13:39:41 EDT The United Steelworkers union has asked more than 14,000 of its members at facilities run by ArcelorMittal, the world's largest steelmaker, to allow it to call a strike if ongoing contract negotiations fail. http://www.ibtimes.com/articles/20080826/usw-wants-strike-authority-in-arcelormittal-talks.htm Tue, 26 Aug 2008 14:15:22 EDT Shares of some steel producers sank Monday amid a broader market downturn. The Dow Jones industrial average was off more than 200 points, after surging nearly 200 points Friday as oil tumbled more than $6 a barrel--its biggest percentage drop in more than four years. http://www.ibtimes.com/articles/20080825/sector-snap-steel-companies-drop.htm Mon, 25 Aug 2008 15:49:43 EDT Canadian National Railway Co. said Monday it has reached agreement with Joliet, Ill., over the company's proposed acquisition of part of a railway company. http://www.ibtimes.com/articles/20080825/cn-in-agreement-with-joliet-over-acquisition.htm Mon, 25 Aug 2008 13:33:11 EDT Among the stock activity stories for Friday, Aug. 22, from AP Financial News: NEW YORK (AP)--Shares of Bebe Stores Inc. fell on Friday, after the teen apparel retailer reported fiscal fourth-quarter profit fell and gave fiscal first-quarter guidance below expectations. http://www.ibtimes.com/articles/20080822/movers-roundup-bebe-stores-cost-plus.htm Fri, 22 Aug 2008 15:11:10 EDT Shares of United States Steel Corp. fell Friday after an analyst said its recent tentative contract with the United Steelworkers union is "very expensive," prompting him to cut his earnings forecast on the company. http://www.ibtimes.com/articles/20080822/us-steel-shares-fall-after-labor-union-pact.htm Fri, 22 Aug 2008 17:58:24 EDT Wall Street capped a volatile week with sharp gains Friday as oil prices tumbled and after Federal Reserve Chairman Ben Bernanke said inflation pressures are likely to moderate. The Dow Jones industrial average rose nearly 200 points. http://www.ibtimes.com/data/articleimgs/113958-trader.jpg http://www.ibtimes.com/articles/20080822/stocks-point-higher-ahead-bernanke-speech.htm http://www.ibtimes.com/articles/20080822/stocks-point-higher-ahead-bernanke-speech.htm Fri, 22 Aug 2008 18:23:56 EDT Standard & Poor's Ratings Services said Thursday it revised its CreditWatch on color measurement technology company X-Rite Inc. to "Positive" from "Developing" pending the closure of a common equity issuance and concurrent debt repayment planned for the fourth quarter. http://www.ibtimes.com/articles/20080821/standard-poors-raises-x-rite-creditwatch-rating.htm Thu, 21 Aug 2008 16:05:31 EDT Color measurement company X-Rite Inc. said on Wednesday that a new investor will buy newly-issued shares that will help the company pay down its debt. http://www.ibtimes.com/articles/20080820/x-rite-says-share-issue-will-help-reduce-debt.htm Wed, 20 Aug 2008 09:44:55 EDT Malaysian long-haul budget airline AirAsia X said Wednesday it would launch flights to Melbourne in November, stepping up its regional expansion despite high jet fuel costs. http://www.ibtimes.com/articles/20080820/malaysias-airasia-x-to-fly-to-melbourne-in-nov.htm Wed, 20 Aug 2008 03:44:19 EDT Among the stock activity stories for Wednesday, Aug. 13, from AP Financial News: NEW YORK (AP)--Shares of Deere & Co. fell Wednesday after the world's largest of maker of farm machinery missed analyst estimates for the third quarter and cut its fourth-quarter guidance by 16 percent. http://www.ibtimes.com/articles/20080813/movers-roundup-deere-ferro.htm Wed, 13 Aug 2008 17:41:56 EDT United States Steel Corp. shares rose Wednesday after the company said it reached a tentative four-year deal with a key labor union and amid a general rise in commodity prices. http://www.ibtimes.com/articles/20080813/us-steel-rising-after-tentative-labor-pact.htm Wed, 13 Aug 2008 14:05:06 EDT United States Steel Corp. said Tuesday it reached a tentative agreement with the United Steelworkers on a new four-year labor contract. The contract will cover about 16,000 United Steelworkers at U.S. Steel's domestic flat-rolled and iron ore mining plants, as well as tubular operations in Lorain, Ohio, and Fairfield, Ala., the company said. http://www.ibtimes.com/articles/20080812/us-steel-in-tentative-labor-agreement.htm Tue, 12 Aug 2008 12:53:17 EDT A company hoping to buy a nearly 200-mile railway line around Chicago complained Wednesday that a regulatory decision on the hotly debated sale is taking too long. http://www.ibtimes.com/articles/20080806/canadian-national-urges-decision-on-railway-sale.htm Wed, 06 Aug 2008 17:29:12 EDT Shares of steel producers rose Wednesday, a day after Nucor Corp. announced two scrap metal acquisitions, a move that will reduce the company's need to go to the open market to obtain increasingly expensive scrap. http://www.ibtimes.com/articles/20080806/sector-snap-steel-makers-up-after-acquisitions.htm Wed, 06 Aug 2008 11:49:13 EDT Stocks of steel companies surged Tuesday after U.S. Steel posted sharply higher quarterly earnings, saying it saw record prices for steel and robust demand that it expects will extend into the second half of the year. http://www.ibtimes.com/articles/20080729/sector-wrap-steel-stocks-soar-on-us-steel-2q.htm Tue, 29 Jul 2008 17:22:18 EDT