Stelco Loses General Motors Steel-Supply Contract
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Stelco Inc., the Canadian steelmaker that&#39;s in bankruptcy protection, said it lost a contract to supply steel to General Motors Corp.
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General Electric Co. yesterday agreed to a settlement with the Securities and Exchange Commission, which accused the company of failing to provide shareholders
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TORONTO (CP) - A Russian steel company has gone to court to block Deutsche Bank&#39;s refinancing proposal for Stelco Inc., one of a flurry of legal objections filed Friday against a sales process critics say is biased in favour of the German bank.
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General Motors Corp. GM.N, the  world's biggest automaker, will keep shrinking its U.S. work  force this year, offering buyout packages to more salaried  employees to offset rising costs, executives said on Monday.
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Stelco Inc. (STEa) said on Wednesday it had forged a new bailout plan with Deutsche Bank AG that does not require the insolvent steelmaker to have a supply contract with General Motors Corp.
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General Motors Corp. ended talks aimed at teaming with Carlos Ghosn's Renault SA and Nissan Motor Co. because of a dispute over GM's demand to be compensated for taking part in an alliance.
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Steelworkers strike after the world's third largest tire maker and the steelworkers union failed to agree on a new labor contract
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General Motors Corp  said on  Friday it is recalling 275,936 Cadillacs, Pontiacs and Saturns  sold in the United States because of a fluid leak that could  lead to loss of control of the vehicle.
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General Motors Corp. (GM.N: Quote, Profile, Research) said on Friday it may not dump Stelco Inc. (STEa.TO: Quote, Profile, Research) as a supplier even though Canada&#39;s
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Stelco Inc. has received a takeover offer from Russian industry giant OAO Severstal at a time when Bay Street is awash in rumours about possible financing deals for the restructuring Hamilton steel maker.
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AKRON, Ohio -- The United Steelworkers of America went on strike yesterday against Goodyear Tire &amp; Rubber Co., saying the company is not offering a fair and equitable contract.
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Faced with dwindling demand for its two oldest products and the urgent need to cut costs, General Motors Corp. will stop production of the Chevrolet Astro and GMC
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Arcelor Mittal , the world's  largest steelmaker, said on Sunday it has terminated an  agreement to sell its Sparrows Point, Baltimore facility to E2  Acquisition Corp due to E2's inability to secure financing.
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TORONTO (CP) - A Bay Street investment dealer has dropped out of the battle to refinance Stelco Inc., saying it can&#39;t compete in a sales process that favours the Hamilton steelmaker being taken over by an industry player.
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U.S. Steel Corp  is to acquire Stelco Inc  for about $1.1 billion to strengthen its position as a supplier of flat-rolled steel products in North America, the companies said.
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United Auto Workers union-represented employees walked off the job and organized pickets outside General Motors Corp plants as the union called a national strike against the top U.S. automaker after marathon contract talks failed to produce a deal.
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JAPAN&#39;S second largest carmaker, Nissan Motor, is being forced to suspend output because of a severe steel shortage. Japan&#39;s largest steel company, Nippon Steel, said it was unable to meet Nissan&#39;s request