U S Steel deal hangs on extension to mid June
Nippon Steel's bid to buy U S Steel may live on after the Biden administration extended the deadline to abandon the transaction to June 18 2025. CFIUS division and political debate over national security fueled the extension as shares rose and Trump opposition persisted.
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Nippon Steel
U.S. Steel
Biden
Pittsburgh
Joe Biden
U.S. Steels
Donald Trump
U.S. Committee On Foreign Investment
United States
CFIUS
America
Trump
U.S
Dennis Ankovic
Ankovic
Supreme Court allows climate suits against oil firms to proceed
The court refused to block state climate lawsuits led by California against Sunoco, Shell, Chevron, Exxon Mobil, ConocoPhillips and BP. The ruling clears the way for dozens of cases over alleged deception about fossil fuel harms, tying national policy to state legal action.
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Supreme Court
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Shell
Honolulu
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Newsom
U.S
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Chicago
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Connecticut
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Minnesota
Justice Department
Biden
Samuel A. Alito Jr
Mixed day for U.S. stocks as Big Tech declines offset oil gains
U.S. stock indexes closed mixed on Monday as Nvidia and other large techs led declines while oil and gas shares rose. The S&P 500 edged up 0.2 percent after a intraday drop. the Dow gained 358 points, 0.9 percent, while the Nasdaq fell 0.4 percent. Moderna slumped 16.8 percent after weak revenue guidance. Edison International dropped 11.9 percent amid wildfire concerns. Exxon Mobil rose 2.6 percent and Valero climbed 4.9 percent as oil prices rose.
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Infowars bid doubled to over seven million in new offer
The trustee overseeing Alex Jones linked Infowars assets received a new offer exceeding seven million dollars from First United American Companies, aiming to buy the platform after a prior auction was voided. An Onion parent company also expected to submit a bid soon, while proceeds will partly aid Sandy Hook families.
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Infowars
Onion
First United American Companies
Jones
Joshua Wolfshohl
Houston
Wolfshohl
Connecticut
Texas
Sandy Hook
Austin
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