Latest in U.S. Steel stock tumbles to almost half of what Nippon Steel offered after Biden rejection
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Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.The Wall Street Journal - 4d -
Brown hails Biden decision to block Japanese takeover of US Steel
Outgoing Sen. Sherrod Brown (D-Ohio) on Friday hailed President Biden’s decision to block the takeover of U.S. Steel by Japan’s Nippon Steel, a deal that was valued at $14 billion. “The deal was ...The Hill - 4d -
Biden blocks sale of U.S. Steel to Japan's Nippon Steel
President Biden has blocked the acquisition of U.S. Steel by Japanese company Nippon Steel. NBC News' Kelly O'Donnell reports on how the president came to the decision and the impact it could have.NBC News - 4d -
Why Biden blocked the U.S. Steel deal with Japan's Nippon Steel
President Biden has blocked a deal between U.S. Steel and Japan's Nippon Steel that could impact the relationship with the American ally and have global economic repercussions. CBS News' Nicole ...CBS News - 4d -
Biden blocks Japan's Nippon Steel from $15 billion takeover of U.S. Steel
President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S.NBC News - 4d -
Alcohol stocks fall across the board after U.S. surgeon general’s advisory on cancer risk
The stocks of alcohol makers and distributors fell across the board early Friday, after the U.S. surgeon general released a new advisory warning of the link between booze and cancer risk.MarketWatch - 4d -
U.S. Steel stock tumbles to almost half of what Nippon Steel offered after Biden rejection
Investors were betting on a grim future for U.S. Steel after President Joe Biden used his legal authority to block the acquisition by Nippon Steel of Japan on Friday.MarketWatch - 4d -
US Steel’s tortuous un-merger is a deal for the ages
Would-be acquirers prepare for era where big is no longer bad, but foreign still might beFinancial Times - 4d -
The Fallout from U.S. Steel
Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it. Litigation and diplomatic turmoil could follow.The New York Times - 4d -
Biden to announce decision on U.S. Steel acquisition as early as Friday
President Biden announced Friday he would reject Nippon Steel's proposed acquisition of U.S. Steel.CBS News - 4d -
Biden rejects U.S. Steel-Nippon Steel deal
A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel, leaving the decision to the president.CBS News - 4d -
Joe Biden blocks Nippon Steel’s $14.9bn bid to purchase US Steel
President cites national security concerns as he follows through on pledge to keep steelmaker domestically owned. Joe Biden has blocked a $14.9bn bid by Japan’s Nippon Steel for US Steel, ...The Guardian - 4d -
Biden says he will block US Steel sale to Nippon Steel
President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...The Hill - 4d -
Biden rejecting deal between U.S. Steel and Japan's Nippon Steel, according to reports
President Biden is reportedly blocking the deal between U.S. Steel and Japan's Nippon Steel. CBS News contributor Javier E. David has more.CBS News - 4d -
Biden decides to block Nippon Steel’s $15 billion acquisition of U.S. Steel: Report
The White House is expected to announce U.S. President Joe Biden’s decision to block Nippon Steel’s $15 billion takeover bid of U.S. Steel on Friday.CNBC - 4d -
What stocks’ worst stumble since 1952 in the final days of 2024 may mean for 2025
Here’s how the S&P 500 has historically performed annually after stumbling in the final days of a year, according to Bespoke Investment Group.MarketWatch - 4d -
Biden expected to block $15bn takeover of US Steel
President set to kill Nippon Steel’s bid in one of his final acts in officeFinancial Times - 4d -
Biden Plans to Block Takeover Bid of U.S. Steel by Japan’s Nippon
The president’s announcement of the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year, is expected as soon as Friday.The New York Times - 5d -
Neumora Therapeutics’ stock craters after trial of major depressive disorder fails to meet main goals
The news is a setback for the clinical-stage biotech and a drug that proved successful in earlier trials.MarketWatch - 5d -
Power restored to almost all of Puerto Rico after massive blackout
After a massive New Year’s Eve blackout, nearly all of Puerto Rico’s power has been restored — though the island is also projected to face power shortages later in the day Thursday. Luma, the ...The Hill - 5d -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - 5d -
Why Trump should switch sides on the US Steel-Nippon Steel merger (but probably won’t)
The clock is ticking on government approval for the U.S. Steel-Nippon Steel merger, and whether short-term political buffoonery will win out over inexorable economic logic. My money is on buffoonery.The Hill - 5d -
The stock market rarely scores hat tricks. This strategist fears what’s next.
The S&P 500 has managed two consecutive 20%-plus years in a row, but that has rarely led to a third great year, says this strategist.MarketWatch - 5d -
Bourbon Street attacker identified after deadly rampage. Here's what to know.
A man "hellbent" on creating carnage drove around barricades and hurtled down Bourbon Street in New Orleans' French Quarter, police said.CBS News - 6d -
New Orleans steel barricades malfunctioning, bollards down for repair ahead of terror attack
Steel barriers on New Orleans’s Bourbon Street had been malfunctioning and bollards on the popular thoroughfare were down for repair ahead of a deadly attack early Wednesday morning, police said. ...The Hill - 6d -
$1.9 million reward offered after "brazen" heist of jewelry
Some of the property reportedly belongs to art collector Shafira Huang, said to be a multi-millionaire Instagram influencer.CBS News - 6d -
After a Monumental Year for Women’s Basketball, What’s Next?
Professional and college games broke into the broader cultural zeitgeist like never before in 2024.The New York Times - 6d -
Half of Puerto Rico starts the new year in the dark after massive power outage
Puerto Rico suffered the latest in a string of widespread power outages Tuesday that at one point had nearly 1.3 million businesses or homes — most of the island — in the dark.NBC News - Jan. 1 -
Half of Puerto Rico without power after sweeping New Year’s Eve blackout
Nearly entire island without electricity as Luma Energy estimates it will take at least 24 hours to restore power. More than half of Puerto Rico remained without electricity early on Wednesday ...The Guardian - Dec. 31
