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Keyword: business

Nippon Steel delays closing of acquisition of US Steel …

5/3/2024
TOKYO (AP) — Nippon Steel said Friday it has postponed the expected closing of its $14.1 billion takeover of U.S. Steel by three months after the U.S. Department of Justice requested more …

US loosens some electric vehicle battery rules, …

5/3/2024
The U.S. government has loosened some rules governing electric vehicle tax credits a bit, potentially making more EVs eligible for credits of up to $7,500. The Treasury Department announced final …

The UK government acted unlawfully in approving a …

5/3/2024
LONDON (AP) — A High Court judge ruled Friday that the U.K. government acted unlawfully when it approved a plan to meet climate targets without evidence that it could be delivered. It was the …

King Charles' longtime charity celebrates new name and …

5/3/2024
NEW YORK (AP) — The King's Trust celebrated its new name, an update of King Charles III's long-running charity The Prince's Trust, and the expansion of its work in the United States with a …

E-waste is overflowing landfills. At one sprawling …

5/2/2024
HO CHI MINH CITY, Vietnam (AP) — Dam Chan Nguyen saves dead and dying computers. When he first started working two decades ago in Nhat Tao market, Ho Chi Minh City’s biggest informal …

Comcast blacks out 15 regional sports networks in …

5/2/2024
Comcast has blacked out 15 regional sports networks offered by Bally Sports, escalating a contract dispute with their distributor. The cutoff that began Wednesday affects games played by a dozen …

Berkshire Hathaway board feels sure Greg Abel is the …

5/2/2024
OMAHA, Neb. (AP) — Everyone knows Warren Buffett 's successor won't be able to match the legendary investor, but Berkshire Hathaway 's board remains confident Greg Abel is the right guy to one day …

Global Citizen NOW urges investment in Sub-Saharan …

5/2/2024
NEW YORK (AP) — This week's Global Citizen NOW conference featured appeals for long-term investments in the African continent's fast-growing youth population and increased outreach to young …

Maui sues cell carriers over wildfire warning alerts …

5/2/2024
HONOLULU (AP) — Had emergency responders known about widespread cellphone outages during the height of last summer's deadly Maui wildfires, they would have used other methods to warn about the …

Sony Pictures and private equity firm Apollo express …

5/2/2024
Sony Pictures and Apollo Global Management have expressed interest in buying Paramount Global for $26 billion. That's according to a person familiar with the details. Sony would be the majority …

Apple suffers 10% drop in quarterly iPhone sales to …

5/2/2024
Apple has posted its steepest quarterly decline in iPhone sales since the pandemic’s outset. The results reflect a deepening a slump that’s increasing the pressure on the trendsetting company to …

The Fed indicated rates will remain higher for longer. …

5/2/2024
The Federal Reserve’s decision Wednesday to keep its benchmark rate at a two-decade high should have ripple effects across the economy. Mortgage rates, credit card rates, and auto loan rates will …