Latest in Steel Shares Plunge
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Havertz's wife shares threats after Arsenal loss
The wife of Arsenal player Kai Havertz has shared abusive messages she received on social media after Arsenal lost to Manchester United in the FA Cup on Sunday.ESPN - 1d -
Moderna stock plunges nearly 17% after company lowers 2025 sales forecast by $1 billion
Moderna now expects 2025 revenue to come in between $1.5 billion and $2.5 billion, most of which will come in the second half of the year.CNBC - 1d -
‘You don’t just go and buy a country’: Greenland plunged into geopolitical storm
Residents of Nuuk do not want to be part of the US but welcome a discussion of their sovereigntyFinancial Times - 3d -
Joe Biden delays order to end Nippon Steel bid for US Steel
Suspension of executive order until 18 June gives courts time to review steelmakers’ legal challenge. The Biden administration has delayed until June an order for Nippon Steel to abandon its ...The Guardian - 3d -
Kids Turn to a Mental-Health Chatbot to Share Their Anxieties
Part counselor and part friend, Troodi talks with children about their worries and fears. “Sometimes I forget she’s not a real person,” says one teen.The Wall Street Journal - 4d -
Stock market plunges after better-than-expected December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...CBS News - 4d -
Vodafone Sells Remaining 3% Share in Indus Towers
The telecomms group used the $326 million raised in proceeds to repay debt and increase its stake in India’s Vodafone Idea.The Wall Street Journal - 5d -
U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders
The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks.The New York Times - 5d -
Lloyds, Halifax and Bank of Scotland to share branches
The move is intended to make it easier for people to access banking services, but some warn it will lead to more branch closures.BBC News - 5d -
Greggs shares drop on sales slowdown
UK bakery chain blames ‘subdued high street footfall’ for weaker earningsFinancial Times - 6d -
A plunging pound with surging U.K. yields suggest the bond vigilantes are lurking
A plunging pound and a surge in U.K. government borrowing costs to their highest since the great financial crisis serve as a warning to the U.S. and other countries that the bond vigilantes are ...MarketWatch - 6d -
Trump shares inflammatory video with crude reference to Netanyahu
President-elect’s post featuring economist Jeffrey Sachs comes weeks after Israeli PM claims two had a ‘warm’ chat. Donald Trump has shared inflammatory video content calling Benjamin Netanyahu ...The Guardian - 6d -
Quantum stocks like Rigetti plunge after Nvidia's Huang says the computers are 15 to 30 years away
Quantum computing stocks dropped Wednesday after Nvidia CEO Jensen Huang declared that useful quantum computers are likely decades in the future.CNBC - 6d -
Arctic blast sends temperatures plunging across much of US
A dangerous winter storm has led to more than 2,000 flight cancelations nationwide, while also leaving thousands without power. Now, a deep freeze is setting in across much the country, with more ...NBC News - Jan. 7 -
Belichick shares on-brand reaction to Patriots firing Mayo
Former Patriots head coach Bill Belichick shared his reaction to the firing of his successor, Jerod Mayo, on Monday's "The Pat McAfee Show."Yahoo Sports - Jan. 6 -
U.S. Steel, Nippon Steel sue Biden administration over blocked deal
U.S. Steel and Nippon Steel have filed lawsuits against the Biden admin. after the president blocked their $15 billion acquisition deal. CBS MoneyWatch correspondent Kelly O'Grady has more.CBS News - Jan. 6 -
Nippon Steel and US Steel sue after Biden blocks $15bn deal
Donald Trump calls for American steel group to remain independent companyFinancial Times - Jan. 6 -
U.S. Steel, Nippon Steel sue Biden administration for blocking deal
The steel companies allege White House decision to block takeover was political and violated their right to due process.CBS News - Jan. 6 -
Bulgarians celebrate the feast of Epiphany with a ritual plunge into icy rivers
Thousands of Orthodox Christian worshippers in Bulgaria on Monday braved the freezing winter weather to plunge into icy waters as they observed centuries-old Epiphany traditionsABC News - Jan. 6 -
Nippon Steel and US Steel sue Biden administration over blocked merger
U.S. Steel and Japanese steelmaker Nippon Steel sued the U.S. government Monday in a last-ditch effort to move forward with their merger, which President Biden blocked Friday over national security ...The Hill - Jan. 6 -
Harper Steele of ‘Will and Harper’ and Her Matriarchal Jewelry
Family heirlooms remind the co-star of the documentary “Will and Harper” about new connections and the way she now walks through the world.The New York Times - Jan. 4 -
Biden blocks Japan's Nippon Steel from buying US Steel
Biden decided to scrap the deal despite concerns that it could damage Washington's relations with Tokyo.BBC News - Jan. 4 -
U.S. Steel faces murky future after proposed Nippon Steel takeover
The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once iconic American company.CBS News - Jan. 3 -
Biden Blocks Sale of U.S. Steel to Nippon Steel
The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership from political leaders and the United Steelworkers union.The Wall Street Journal - Jan. 3 -
Biden blocks US Steel sale
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Biden blocks US Steel sale President Biden has announced he will block the sale ...The Hill - Jan. 3 -
US Steel acquisition by Japan’s Nippon blocked
Domestic steel production is essential to U.S. security, Biden said.ABC News - Jan. 3 -
Biden blocks Nippon Steel’s $15bn takeover of US Steel
Companies threaten legal action in response to outgoing president’s decisionFinancial Times - Jan. 3 -
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 - Jan. 3 -
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 - Jan. 3 -
Foreign phone sales plunge 47% in China, spelling trouble for Apple
Apple is under pressure in China as a result of rising competition from domestic brands, in particular Huawei.CNBC - Jan. 3 -
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 - Jan. 3 -
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 - Jan. 3 -
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 - Jan. 3 -
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 - Jan. 3 -
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 - Jan. 3 -
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 - Jan. 3 -
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 - Jan. 2 -
