The U.S. government turned down Nippon Steel's plan to buy U.S. Steel Corp. (NYSE: X), which let down workers and investors standing to gain from the $55 per share proposal. Lacking competitive positioning in both home and international markets,
U.S. stock futures are down as investors eye rising Treasury yields, Tesla and Nvidia shares are moving lower as tech stocks come under pressure, and Apple shares are declining as global iPhone sales fall.
The U.S. imposed caps on how many advanced AI chips can be exported to certain countries, overriding Nvidia's objections. Sha
The company’s renewed interest comes after the Biden administration blocked Nippon Steel from acquiring the onetime American powerhouse.
The companies, whose $55 a share cash deal to acquire U.S. Steel was first proposed Dec. 18, 2023, are working against a June 18 deadline for the merger.
The regulations, among the strongest yet from the Biden administration, limit AI chip exports to most countries except for a select group of close U.S. allies.
World stocks have retreated after U.S. stocks fell as good news on the job market raised worries over inflation.
FCPI's portfolio shows resilience in consumer staples and healthcare, but faces uncertainty in energy and basic materials sectors. Read more about FCPI ETF here.
Nvidia pushes back on new artificial-intelligence regulations, Tesla stock trades lower, Moderna issues weak revenue guidance, and Intra-Cellular Therapies is being acquired by Johnson & Johnson for nearly $15 billion.
Trump Projects Bravado, and Falsehoods, at Rare Pre-Inauguration Rally President-elect Trump delivered a boastful, campaign-style speech where he railed about illegal immigration and denigrated ...
The heavily traveled northeastern portion of the Interstate 95 corridor is expected to experience a significant bout of snow as a winter storm strengthens along the coastline.
Donald Trump will be sworn in today, ushering in another turbulent four-year term with promises to push the limits of executive power, deport millions of immigrants, secure retribution against his ...