Steel

Justice Ignites: Lackawanna Community Wins Negligence Case Over Devastating 2016 Bethlehem Steel Plant Fire

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Lackawanna, N.Y. — In November 2016, a significant blaze rampaged through the historic Bethlehem Steel plant in Lackawanna, leaving a deep scar on the community. The inferno, which erupted early on the morning of November 9, engulfed a large portion of the facility, approximately the size of six city blocks, sending vast clouds of smoke billowing into the skyline, visible for miles around. Fire officials reported that the flames began just after 7 a.m., quickly escalating into a major conflagration that prompted immediate response efforts. Given the magnitude of the fire and the potential hazards … Read more

Steel Titan Oligarch Ihor Kolomoisky Faces Legal Battle in the U.S. Over Ukraine Holdings

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KYIV, Ukraine — In a significant ruling, a Ukrainian court has frozen the assets of Ihor Kolomoisky, a prominent oligarch, following charges by the United States of large-scale financial crimes, including money laundering and embezzlement. This decision underscores the ongoing effort by Ukrainian authorities to crack down on corruption that has plagued the country’s economic and political spheres. Kolomoisky, who has held substantial influence in Ukrainian politics and economy, particularly through his co-ownership of PrivatBank, Ukraine’s largest bank, faces an intense legal battle. The U.S. charges allege that Kolomoisky and a business partner engaged in … Read more

Tata Steel Recognized with Acclaimed TAAP Jury Award for Remarkable Affirmative Action Endeavors

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Jamshedpur, India – Tata Steel has been awarded the prestigious TAAP Jury Award for its commendable efforts in promoting affirmative action. The company has been actively implementing initiatives to encourage equal opportunities and inclusivity in its workforce. This recognition highlights Tata Steel’s commitment to social responsibility and creating a diverse and inclusive work environment. Affirmative action refers to policies and programs that aim to provide equal opportunities for historically marginalized and underrepresented groups. In India, affirmative action policies are implemented to address centuries of social and economic disparities based on caste and gender. Tata Steel’s … Read more

Tata Steel Honored with TAAP Jury Award for Inclusive and Empowering Initiatives

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Jamshedpur, India – Tata Steel was recently honored with the prestigious TAAP Jury Award at the Tata Affirmative Action Programme (TAAP) Convention held in February 2024. The award recognized the company’s outstanding efforts in promoting inclusivity and creating opportunities for underserved communities. This event emphasized the significance of initiatives like TAAP in addressing the challenges faced by society and working towards a more equitable future. The TAAP Jury Award was presented to Tata Steel by N Chandrasekaran, Chairman of Tata Sons, in the presence of T V Narendran, CEO & Managing Director of Tata Steel. … Read more