U.S. Steel Corp. won a major victory in court.
A federal jury in Chicago found that the company’s cancellation of a $225-million rail-mill project at its South Works plant did not break a contract. The United Steelworkers and USW Local 65 sued the steelmaker in 1984 for failing to complete the project. U.S. Steel stood to lose up to $500 million in damages had the jury decided in the union’s favor.
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