Economy

By Kanishka Singh WASHINGTON (Reuters) – A top super political action committee (PAC) backing U.S. Vice President and Democratic presidential...

Economy

Nippon Steel shares up after news of US looking to block peer’s acquisition

by

TOKYO (Reuters) – Shares of Nippon Steel climbed on Thursday, outperforming the wider Nikkei index, after the news that the...

Economy

Nippon Steel says no update from CFIUS over US Steel deal

by

TOKYO (Reuters) – Nippon Steel Corp has not received any update from the Committee on Foreign Investment in the United...

Economy

Stellantis to pause production of Jeep’s two top-selling US models, WSJ reports

by

(Reuters) – Jeep’s parent company Stellantis (NYSE:STLA) is pressing pause on making two of its top-selling U.S. models, The Wall...

Economy

Marathon’s Detroit refinery union workers go on strike

by

By Nicole Jao and Mrinalika Roy (Reuters) -Teamsters members working at Marathon Petroleum (NYSE:MPC)’s Detroit refinery have gone on strike...

Economy

Fortive to spin off Precision Technologies, focus on growth

by

Fortive Corp (NYSE:FTV) unveiled plans to execute a tax-free spin-off of its Precision Technologies segment, resulting in two independent, publicly...

Economy

GM to launch its first ethanol-capable hybrid-flex vehicles in Brazil

by

SAO PAULO (Reuters) – General Motors (NYSE:GM) said on Wednesday that it would begin producing its first-ever hybrid-flex vehicles that...

Economy

Is Nikkei on course for a double dip?

by

Japanese equities experienced a selloff on September 4, which was a continuation of the market’s reaction from an early August...

Economy

Robinhood in $3.9 million settlement with California over crypto withdrawals

by

By Jonathan Stempel (Reuters) -A cryptocurrency platform run by Robinhood (NASDAQ:HOOD) Markets will pay $3.9 million to settle claims it...

Economy

US Steel closes sharply on report Biden set to block merger with Nippon Steel

by