The Steelworkers Get Stung

The United Steelworkers just got bit by a barracuda. AK Steel Chairman Thomas Graham, known as the "Smiling Barracuda" for his cost-cutting, has won a major victory over the USW. Workers at the nation's No.6 steelmaker voted 54% to 46% to support management by sticking with AK's accommodating independent union.

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