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US Job Gains Miss Expectations in August as Labor Market Cools

Sept. 6, 2024
Manufacturing employment in durable goods production fell by 25,000 jobs in August, offset by a 1,000-job gain in nondurables.
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The Economy

Manufacturing Activity Continued to Slow in August, Latest ISM Report Shows

Sept. 3, 2024
Manufacturing contracted for the 21st time in the last 22 months, according to the Institute for Supply Management.
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Nippon Steel Announces Plan to Upgrade US Steel Plants

Sept. 3, 2024
The extra $1.3 billion would include capital investments to keep two operating U.S. Steel plants running.
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Talent

US Jobs Market Sees Gradual Cooldown in June

July 10, 2024
Manufacturing employment was roughly flat overall: The sector lost 8,000 jobs last month.
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Nano Dimension Will Buy Desktop Metal in Latest Additive Consolidation

July 3, 2024
The $183 million deal is expected to close near the end of 2024.

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Companies & Executives

U.S. Steel Puts Itself Up For Sale After Rejecting Cleveland-Cliffs

Aug. 13, 2023
The directors of U.S. Steel say they expect more bids to come their way.
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Grupo Simec Idles Republic Steel Mills Indefinitely, Furloughs 500 Workers in Ohio and New York

Aug. 11, 2023
The Mexican company, which purchased Republic Steel in 2005, said the plants would be idled indefinitely as it moves production to a newer facility in Mexico.
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Additive

Stratasys Board Again Turns Away 3D, Nano Offers

July 3, 2023
Directors call 3D’s improved bid “opportunistic” and are sticking to their plan to join forces with Desktop Metal.
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Companies & Executives

Ford’s Farley: EV Cost Parity Will Come After 2030

June 1, 2023
The automaker is counting on simpler designs, lithium iron phosphate batteries and dealer savings to dramatically lower its input costs.