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The Latest Breaking News from US Steel

Stocks Close Sharply Lower as Chipmakers and Energy Stocks Plunge

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -2.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -3.15%. Stocks sold off sharply on Tuesday, with the S&P 500 posting a 2-week low...

Barchart

Stocks Slump on Weakness in Chipmakers and Energy Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -1.52%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.28%. Stocks today are sharply lower, with the Nasdaq 100 sliding to a 2-1/2 week...

Barchart

Stocks Decline Ahead of US Manufacturing News

The S&P 500 Index ($SPX ) (SPY ) today is down -0.76%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.54%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.16%. Stocks today are moderately lower as they await fresh US economic news that will...

Barchart

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Harris campaign to transfer $25m to down-ballot Democrats – live

Kamala Harris ‘believes that this race is about mobilizing the entire country’, the campaign said in a statement about the fund transfer

The Guardian - US

Harris Opposes Sale Of US Steel To Japan's Nippon, Says Firm Should Stay 'American-Owned'

Vice President Kamala Harris expressed her opposition on the planned sale of U.S. Steel to Nippon Steel.

International Business Times

Kamala Harris says US Steel should remain domestically owned

US vice president and presidential candidate Kamala Harris used a Labor Day speech to criticise a deal that would see American steelmaker US Steel taken over by Japan's Nippon Steel. The $14.1 billion takeover was agreed to in principle in December of last year but has come under heavy criticism…

France 24

Biden joins Harris at first joint election campaign stop since leaving race

Harris aims to boost union support at Pittsburgh event with Biden, who last year joined workers on the picket line.

Al Jazeera

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US Steel Acquisition By Nippon Steel Approved

Vice President Harris and President Biden support US Steel remaining American-owned, opposing its sale to Japan's Nippon Steel due to national security con...

Top News

Harris and Biden pitch for steel votes in Pittsburgh in first joint appearance on campaign trail

Kamala Harris and Joe Biden join forces in Labor Day outing, their first joint event since Harris accepted Democratic nomination for presidency

The Guardian - US

Vice President Harris Supports Keeping US Steel American-Owned

Vice President Kamala Harris and President Joe Biden stand against the sale of US Steel to Nippon Steel, emphasizing the importance of American-owned steel...

Top News

Harris To Call For US Steel To Remain In American Hands

The position would mirror that of President Joe Biden, who opposes a plan for the iconic company to be bought by Japan's Nippon Steel for $14.9 billion.

International Business Times

Kamala Harris will say US Steel should not be sold to Japan

US Steel said that it remained committed to a proposed deal with Nippon Steel.

Fortune

Biden to join Harris on campaign trail for first time since dropping out of race

Pair due to appear together in Pittsburgh in vital swing state of Pennsylvania, aimed at cementing support from unions

The Guardian - US

Nippon Steel Increases Capital Commitment For U.S. Steel Acquisition

Nippon Steel increases capital commitment by Nippon Steel Increases Capital Commitment For U.S. Steel Acquisition.3 billion to upgrade U.S. Steel plants amidst opposition. Political and labor groups express concerns over ...

Top News

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Barchart

Revisiting 3 Stocks With Unusually Active Options From August 2023

On Aug. 18, 2023, I recommended three stocks with unusually active options worth considering. Nearly one year later, I'll revisit those stocks looking for new opportunities to profit from the three of them.

Top News

U.S. Steel's Potential Sale To Nippon Steel Sparks Political Turmoil

The potential acquisition of U.S. Steel by Nippon Steel Corp. sparks debates in Pittsburgh, reflecting changing priorities and concerns about the steel ind...

The Independent UK

Sale of US Steel kicks up a political storm, but Pittsburgh isn't Steeltown USA anymore

Pittsburgh's most storied steel company, U.S. Steel, is on the cusp of being bought by Japanese steelmaker Nippon Steel Corp. in a deal that's kicking up an election year political maelstrom

Barchart

Can Donald Trump Make U.S. Steel Corporation Great – Yet Again?

Nippon's acquisition of U.S. Steel Corporation is facing regulatory scrutiny, as well as political opposition. Can Trump, whose steel tariffs helped spur investments in the U.S. steel industry, make X great again by not opposing the acquisition?

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International Business Times

Nippon Steel Fight Points To Industry's Uncertain Future In Pennsylvania

Nippon Steel's proposed acquisition of United States Steel has been a source of unease in Pittsburgh, where the metal once dominated the economy and still looms large in the collective psyche.

International Business Times

Biden, Trump Battle For Blue-collar Voters As Steel Merger Looms

Working class voters in Rust Belt cities like Pittsburgh used to favor Democrats overwhelmingly, but years of economic hardship and the rise of social issues favoring Republicans have made them a swing constituency again in 2024.

Top News

US Steel To Be Sold To Japanese Rival In B Deal

Trump's tariffs did not save the American steel industry as challenges persist, exemplified by US Steel's sale to a Japanese competitor.

The Guardian - US

New US rules aim to crack down on toxic air pollution by steelmakers

Rules target contaminants such as mercury, benzene and lead released by coke ovens used by facilities to burn coal

Top News

EU Approves .9B Nippon Steel Acquisition Of U.S. Steel

EU approval of Nippon Steel's .9 billion acquisition of U.S. Steel enhances global steel industry competition.

International Business Times

EU Clears Nippon Buyout Of US Steel Opposed By Biden

The European Union on Monday approved the $14 billion takeover of major American manufacturer US Steel by Japan's Nippon Steel, which US President Joe Biden has opposed.

International Business Times

Nippon Steel's Acquisition Of US Steel Faces Delay Amid DOJ Inquiry

Initially slated for the second or third quarter of 2024, the closure is now tentatively aimed for the third or fourth quarter.

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