EJ ANTONI And PETER ST ONGE: How Washington Regulation Strangled American Manufacturing
US Steel, the world’s first billion dollar company, is being sold for scrap. And Washington made it happen. Originally a merger of Carnegie Steel and a myriad of smaller companies and J.P. Morgan’s favorite stepchild, U.S. Steel had been losing market share for decades. It is now being taken over by foreign rivals, the result […]