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Nippon Steel Set to Buy U.S. Steel, Union Dismayed

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However, the United Steel Workers don’t seem pleased with the arrangement and were said to have backed an earlier offer from domestic rival Cleveland-Cliffs Inc. Steel’s stock valuation spiked dramatically in 2005 only to absolutely collapse in 2008 during the Great Recession. Nippon Steel is reportedly offering a deal worth $14.9

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Novolyte Technologies and Foosung Form JV for Li-ion Electrolytes

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The US-based new joint venture entity will retain the Novolyte Technologies name and will be managed by Novolyte’s current management team from its existing Cleveland headquarters. —John Televantos, a Partner at Arsenal Capital, an investor in Novolyte since 2008.

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First Three Conditional Loan Commitments Under DOEs ATVM Program go to Ford Motor Company, Nissan Motors and Tesla Motors

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The Advanced Technology Vehicles Manufacturing Loan Program, first appropriated in the fall of 2008, will provide about $25 billion in loans to companies making cars and components in US factories that increase fuel economy at least 25% above 2005 fuel economy levels. Nissan will receive $1.6

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NASA awards $16.5M to four teams for additional research into reducing aircraft fuel consumption, emissions and noise

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The teams first studied the ideas from October 2008 to April 2010. The program’s Subsonic Fixed Wing Project oversees the work at the agency’s Glenn Research Center in Cleveland and Langley Research Center in Virginia. The work is funded by NASA’s Aeronautics Research Mission Directorate in Washington.

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Environmental groups sue San Diego Association of Governments over $214B Regional Transportation/Sustainable Communities plan; first regional plan under SB 375

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The Cleveland National Forest Foundation and the Center for Biological Diversity filed a lawsuit in the San Diego Superior Court against the San Diego Association of Governments (SANDAG), challenging SANDAG’s $214-billion 2050 Regional Transportation Plan/Sustainable Communities Strategy (2050 RTP/SCS). Click to enlarge. sources (20%).

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