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Steel companies want Trump’s tariffs. Here’s why their stocks aren’t jumping.
Trump’s tariffs on Mexico and Canada are giving a boost to some steelmakers’ stocks, but retaliatory tariffs could reduce the potential benefits.MarketWatch - 4h -
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Activists hold US Steel CEO’s feet to the smelter
David Burritt will have to provide a vision of how the company can thrive on its own if a Nippon Steel deal does not materialiseFinancial Times - 6d -
Activist Investor Seeks to Oust U.S. Steel Chief Over Nippon Deal
The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the Biden administration.The New York Times - 6d -
South Africa in emergency talks to save ‘critical’ steel plants
President Cyril Ramaphosa met Lakshmi Mittal at Davos over ArcelorMittal plans to close country’s two largest millsFinancial Times - Jan. 24 -
Thousands await stinky plant's rare bloom
A livestream of a "corpse flower" due to bloom in Sydney's botanic gardens has captivated the internet.BBC News - Jan. 22 -
Rare and dangerous snowstorm sweeps through the Deep South
Up to 10 inches of more of snow fell on the Deep South, creating challenges for snow removal in a region that almost never sees significant snowfall. The snow and ice caused hazardous conditions on ...NBC News - Jan. 22 -
Rare winter storm, snow hit parts of the South
New Orleans is under a blizzard warning and snow is reportedly falling in parts of North Florida as a rare winter storm slams parts of the South. CBS News' Kati Weis reports. Also, meteorologist ...CBS News - Jan. 21 -
Inauguration falls on MLK Day in rare occurrence
Inauguration Day for President Trump marked just the second time that a president was sworn in on Martin Luther King Day. Former President Bill Clinton took the oath for this second term on Jan. 20 ...CBS News - Jan. 20 -
Dan Quinn: Jayden Daniels is a rare competitor
Daniels is set to be the sixth rookie QB to start a conference title game.Yahoo Sports - Jan. 19 -
Rare 'UFO clouds' spotted in UK skies
Northern parts of the UK have been treated to the stunning sight of lenticular clouds. Matt Taylor explains how they form.BBC News - Jan. 17 -
Azerbaijan’s Leader, Emboldened, Picks a Rare Fight With Putin
Russia’s president is said to have blamed birds or a Ukrainian drone for a Dec. 25 crash of an Azerbaijani plane. Azerbaijan says Russian air defenses were at fault.The New York Times - Jan. 16 -
Cleveland-Cliffs partnering with Nucor on potential bid for U.S. Steel, sources say
The White House over the weekend extended the deadline for Nippon to permanently end its pursuit of U.S. Steel until June.CNBC - Jan. 13 -
Despite Nippon Steel Negotiation, U.S., Japan Retain Strong Relationship
Though the president blocked Japanese purchase of Nippon Steel, it remains a U.S. ally.Inc. - Jan. 12 -
British Steel blunder forced Scunthorpe blast furnace closure
Shutdown last year blamed on wrong coal and is latest sign of difficulties at Chinese-owned operationsFinancial Times - Jan. 12 -
From U.S. Steel to the ‘Art of the Deal’ — Trump’s opportunity for economic statecraft
The deal-focused orientation of President-elect Trump can serve as both the carrot and the stick in a new diplomatic paradigm.The Hill - Jan. 12 -
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 - Jan. 12 -
Biden administration delays enforcing order blocking Nippon Steel-U.S. Steel deal
The Biden administration will hold off enforcing a requirement laid out in an executive order this month that Nippon Steel abandon its $14.9 billion bid for U.S.NBC News - Jan. 12 -
At Jimmy Carter’s Funeral, a Rare Image of Presidential Unity
President-elect Donald J. Trump becomes part of the club. Melania Trump joins the first ladies.The New York Times - Jan. 10 -
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 - Jan. 9 -
McConnell: Biden selling out to Big Labor by blocking US Steel deal
Sen. Mitch McConnell (R-Ky.) argued President Biden is selling out to Big Labor by blocking the sale of U.S. Steel to Japanese-owned Nippon Steel. “The Biden administration will leave America’s ...The Hill - Jan. 9 -
Nippon Steel bets on Trump to salvage $15bn US deal
Japanese company and target US Steel have also sued the Biden administration and rival Cleveland-CliffsFinancial Times - Jan. 8 -
Apple’s ‘decidedly unattractive’ outlook sparks rare bearish call on the stock
An analyst says Apple’s stock price bakes in only good news, but he sees more than 20% downside as negative developments pile up.MarketWatch - Jan. 8 -
What a Wall Street analyst gets wrong about Apple in rare sell call on the stock
MoffettNathanson downgraded shares of the iPhone maker to sell from hold Tuesday.CNBC - Jan. 7 -
Japanese steelmaker vows not to give up on buying U.S. Steel
Japan’s largest steelmaker said that it would not give up trying to purchase U.S. Steel even after President Joe Biden blocked the $15 billion bid last week.NBC News - Jan. 7 -
Nippon Steel chief warns Trump that tariffs alone will not strengthen US industry
Eiji Hashimoto says legal action against blocking of takeover aimed at winning another review under new administrationFinancial Times - Jan. 7 -
Nippon Steel CEO doubles down on pledge to acquire U.S. Steel after suing Biden administration
Japan's Nippon Steel emphasized that it is not giving up on its takeover of U.S. Steel, a day after suing the Joe Biden administration over blocking the proposed merger.CNBC - Jan. 7 -
Palantir has this rare distinction as Morgan Stanley says stock price is too high
Morgan Stanley assigned a new analyst to cover hot artificial intelligence stock Palantir Technologies, and the Wall Street firm joined the ranks forecasting worse times ahead for the stock.MarketWatch - Jan. 7 -
Breaking down the Nippon and U.S. Steel lawsuit against Biden administration
U.S. Steel is suing the Biden administration over the president's decision to block the company's $15 billion acquisition by Japan's Nippon Steel. International investment expert Sarah Bauerle ...CBS News - Jan. 6 -
U.S. Steel, Nippon Steel Challenge Biden's Move to Kill $14.1 Billion Deal
The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.The Wall Street Journal - Jan. 6 -
U.S. Steel and Nippon Sue Biden Over Blocked Merger
The companies argue in a lawsuit that the process of reviewing the transaction was corrupted by politics.The New York Times - 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 -
Lawsuit alleges Biden blocked US Steel-Nippon Steel merger for political reasons
The Biden administration blocked the deal over alleged national security concerns.ABC News - Jan. 6 -
U.S. Steel, Nippon Sue Biden Administration Over Merger Block Decision
The steel makers want a federal court to junk the President’s call to scrap the $14.9 billion merger, saying the national security concerns cited are groundless.Inc. - Jan. 6 -
U.S. Steel, Nippon file lawsuits over Biden's block of merger
U.S. Steel and Nippon Steel filed lawsuits Monday over President Joe Biden's blockage of the Japanese company's proposed takeover of its Pittsburgh-based rival for nearly $15 billion. CBS News ...CBS News - 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 -
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 -
U.S. Steel and Nippon Steel file multiple lawsuits after Biden blocks planned merger
Steel companies are suing the government and a rival over their botched deal.MarketWatch - Jan. 6 -
ArcelorMittal's South Africa Business to Wind Down Long-Steel Production
Around 3,500 jobs will be affected after weak economic conditions, high costs and Chinese steel imports weighed on the company.The Wall Street Journal - Jan. 6
