Statement News

PITTSBURGH--(BUSINESS WIRE)--United States Steel Corporation ("U. S. Steel" or the “Company”) (NYSE: X) today highlighted in a letter to stockholders the extraordinary value the U. S. Steel Board of Directors (the “Board”) has delivered for U. S. Steel stockholders. This letter is being delivered in connection with the Company’s definitive proxy statement filed on Friday, March 21, 2025 with the Securities and Exchange Commission (“SEC”), in relation to the Company’s 2025 Annual Meeting of Stoc...

TOKYO--(BUSINESS WIRE)--Kaname Capital ("we" or "our firm") has consistently expressed opposition to the Management Buyout (MBO) of Proto Corporation ("Proto Corporation" or the "Company") led by its founder and Chairman, Mr. Yokoyama, citing concerns with the deal’s rationale, process, and price (see press releases dated February 19 and March 9). The tender offer period, initially set to end on March 21, has now been extended by 10 business days by the bidder, Forsight Inc. (the "Bidder"). We...

EVART, Mich.--(BUSINESS WIRE)--Michigan Potash Chief Development Officer Cory Christofferson issued the following statement in response to President Trump’s Executive Order on critical minerals: “In his executive order, Immediate Measures to Increase American Mineral Production, President Trump rightly acknowledges our country’s imperative need to accelerate domestic critical mineral production. America’s national and economic security are threatened by our reliance upon foreign countries for n...

WINDSOR, Ontario--(BUSINESS WIRE)--On March 19, the Windsor-Essex Children’s Aid Society laid off 26 workers – about 10 percent of their non-management staff, putting the safety of children at risk, say CUPE members working at the agency. The CAS also targeted their Leamington Office for closure at the end of this month – an additional blow to the Essex County area. “This is a betrayal of the community we serve and the CAS’s mandate,” said Craig Hesman, president of CUPE 2286 “This provincial g...

SEOUL, South Korea--(BUSINESS WIRE)--Korea Zinc Co., Ltd. (KRX:010130) announced that Korean tax and financial regulatory authorities are gearing up to investigate MBK Partners for possible punitive measures, while Korean media have been raising strong criticism over the adverse effects of private equity funds, including MBK Partners which has operated Homeplus, one of the nation’s largest supermarket chains, since 2015. MBK barred from hostile takeover in fund operations: NPS Korea’s National...

QUÉBEC--(BUSINESS WIRE)--Flight attendants at Sunwing, represented by CUPE 8125, are speaking out against WestJet's decision to close their base in Quebec City after acquiring and merging its operations with Sunwing in 2024. On March 17, members of CUPE 8125 joined Sunwing pilots represented by the Air Line Pilots Association at a press conference in Quebec City to encourage WestJet to retain its base in Quebec City. Dominique Côté, a flight attendant with 18 years experience at Sunwing, underl...

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today issued a response to Carronade Capital’s recent statement and director nomination notice. The Company also highlighted the significant actions already taken to position the Company for long-term value creation. In February 2024, Cannae began taking decisive action, with a sharp eye towards improving and monetizing its investment holdings, returning capital to shareholders, and reducing operational e...

FORT FRANCES, Ontario--(BUSINESS WIRE)--Residents of Fort Frances face significant cuts to library services in the year ahead, according to CUPE 65, which represents library workers in the northwestern Ontario town. “We have heard from management that there will be a significant cut in funding that will eliminate student positions and dramatically reduce children’s services and programming. We’re concerned that the public doesn’t know what is happening to their library,” said Evan Miller, CUPE...

ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)--Workers at Memorial University Newfoundland (MUN) are calling for the provincial government to step in and increase funding following news that MUN is facing a deficit of $8.9 million in their upcoming budget, the Canadian Union of Public Employees (CUPE) Local 1615 is calling for immediate action to protect the province’s only public university. “Funding to MUN has dropped by almost half since 2013. Our campuses are in poor condition. MUN...

ARLINGTON, Va.--(BUSINESS WIRE)--Venture Global received approval from the U.S. Dept. of Energy to export LNG to non-FTA countries for its CP2 LNG located in Cameron Parish, LA....