U.S. Steel, Nippon sue Biden administration over decision to block merger
By Alexandra Alper, Aatreyee Dasgupta WASHINGTON (Reuters) -U.S. President Joe Biden unlawfully blocked Nippon Steel’s $14.9 billion bid for U.S….
January 6, 2025
American Airlines back in ‘Big 3’ carriers, brokerages predict strong 2025
By Shivansh Tiwary (Reuters) -American Airlines’ stock is poised for a strong 2025 as the carrier emerges from a challenging…
US companies rush to bond market in fundraising flurry
By Matt Tracy (Reuters) – U.S. companies rushed to the corporate bond markets on Monday as what is usually a…
AI-influenced shopping boosts online holiday sales, Salesforce data shows
(Reuters) – Artificial intelligence-powered chatbots helped consumers purchase and return products during the 2024 holiday season, boosting online sales in…
Explainer-What happens after the TikTok ban?
By Sheila Dang (Reuters) – The U.S. Supreme Court will hear arguments on Friday from TikTok and its China-based owner…
Lucid beats estimates for EV deliveries as price cuts, cheaper financing spur demand
By Jaspreet Singh (Reuters) -Lucid beat expectations for quarterly deliveries, as the Saudi Arabia-backed maker of luxury electric vehicles lowered…
Gemini agrees to $5 million fine, injunction over CFTC charges, filing shows
NEW YORK (Reuters) -Gemini Trust Company agreed to pay a civil penalty of $5 million to settle U.S. Commodity Futures…
Deere boosts bet on autonomous tractors with new machines
(Reuters) – Deere & Co strengthened its bet on autonomous machinery by unveiling new tractors and industrial equipment, capable of…