U S Steel deal may get new life with extended deadline
Nippon Steel's bid to buy U S Steel may resume as CFIUS extends the deadline to June 18, 2025, after President Biden blocked the deal citing security concerns. Shares rose as markets opened. The extension complicates politics in a key battleground and leaves room for new terms under a potential new administration.
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Joe Biden
Donald Trump
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America
Trump
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Unkovic
Supreme Court refuses to halt climate change lawsuits against oil giants
The Supreme Court declined to block state climate claims against Sunoco Shell and others, allowing more than two dozen cases by states and cities to proceed. California filed suit in San Francisco with Exxon Mobil Chevron ConocoPhillips BP and API accusing a long deceptive campaign about fossil fuel dangers. Justice Alito did not participate. The ruling echoes tobacco and opioid litigation patterns as governments seek damages for climate harms.
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Newsom
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Mixed stock indexes end higher on oil gains
U.S. stock indexes closed mixed as oil and gas shares rose while Nvidia, Apple, and Meta fell. The S&P 500 added 9.18 points to 5836.22, the Dow gained 358.67 to 42297.12, and the Nasdaq slipped 73.53 to 19088.10. Moderna, Macy’s and Edison slumped amid earnings and wildfire concerns. Exxon Mobil and Valero led gains as oil prices climbed.
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Infowars sale bid doubled after bankruptcy bid collapse
First United American Companies offers over 7 million for Infowars assets in Houston. The bid exceeds the prior auction winner The Onion's by more than double and comes as the trustee reviews new offers, including one from Global Tetrahedron. Proceeds may fund Sandy Hook families with remaining creditors to be paid.
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Alex Jones
Infowars
Onion
First United American Companies
Jones
Joshua Wolfshohl
Houston
Wolfshohl
Global Tetrahedron
Connecticut
Texas
Sandy Hook
Austin
Doe
SEC
The
Associated Press
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