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US plans to block Nippon Steel takeover of US Steel - US media
Sep 4, 2024, 4:22 PM
The controversial move comes during a heated election year in the US.
Volvo gives up plan to sell only EVs by 2030
Sep 4, 2024, 10:25 PM
The car maker's decision comes as industry faces slowing demand in some major markets for electric vehicles.
Term-time holiday fine rise won't stop us, say parents
Sep 4, 2024, 7:08 PM
Some say the threat of prosecution is not enough to stop them going on holiday for cheaper prices.
AI's solution to the 'cocktail party problem' used in court
Sep 4, 2024, 7:03 PM
The technology has been used to filter out background voices in audio evidence in a US murder case.
Why Harris is splitting with (some of) Biden's capital gains plans
Sep 4, 2024, 5:20 PM
Vice President Kamala Harris announced that the long-term capital gains rate for the ultra-rich should be 28% — a move that marked a split with President Joe Biden.
Newman: A surprising nonissue in the 2024 election
Sep 4, 2024, 4:13 PM
The once-controversial healthcare law is finally popular — and more important than ever.
Stock futures are little changed after two straight down days for S&P 500, Nasdaq
Sep 4, 2024, 6:04 PM
Stocks struggled Thursday as investors dumped risk assets and concerns mounted over the outlook for the U.S. economy.
Alert over potentially deadly counterfeit vodka
Sep 4, 2024, 5:40 PM
The Food Standards Agency warns counterfeit bottles have been found to contain a dangerous substance.
US Steel shares plummet on report Biden set to block takeover
Sep 4, 2024, 3:06 PM
U.S. President Joe Biden is preparing to block Nippon Steel's acquisition of U.S. Steel, a source said on Wednesday.
Anti-pollution law to threaten water bosses with jail
Sep 4, 2024, 5:30 PM
New legislation gives regulators more powers to tackle water pollution in England and Wales.
Trump Media shares erase 2024 gains
Sep 4, 2024, 5:22 PM
Shares in Trump Media are now worth less than they were at the start of the year.
Samples of Linda Deutsch’s Reporting on 50 Years of Sensational Trials
Sep 4, 2024, 5:07 PM
Covering some of America’s most sensational trials, she produced urgent, pithy “ledes” in the best tradition of wire-service reporting. Here’s a sampler.
Nvidia's Huang just crashed out of the $100 billion club
Sep 4, 2024, 4:02 PM
Nvidia CEO Jensen Huang's net worth plunged by $11.5 billion in two days to about $93 billion after the chipmaker's stock tanked.
How Partisan Media Covered Trump’s Arlington Visit
Sep 4, 2024, 4:37 PM
Liberal outlets criticized Mr. Trump for turning his visit into a photo opportunity, while conservative ones falsely suggested the altercation never happened.
Nasdaq, S&P slip as sluggish September start continues
Sep 4, 2024, 4:08 PM
Investors are looking to labor data to gauge the chances of a "soft landing" for the economy.
Rob Luna Wealth Academy founder Rob Luna discusses what's behind Nvidia's stock plunge on 'Making Money.'
U.S. Market Slump Led by Nvidia Sparks Global Sell-Off
Sep 3, 2024, 11:34 PM
Another day of anxiety hit stock markets around the world, with technology stocks the focus of attention.
Trump Media Stock Price Down 70% From March Peak
Sep 4, 2024, 9:46 AM
The stock price of the former president’s social media company has often moved in tandem with investor perception of his standing in the presidential race.
Modelo and Corona parent company says weak wine demand could impact latest earnings
Sep 4, 2024, 11:43 AM
Constellation Brands has been seeing soft demand in its wine and spirits segment, and the alcohol producer recently said it will weigh on its second-quarter results.
Cramer names the No. 1 underappreciated megacap to buy in the recent tech stock sell-off
Sep 4, 2024, 3:42 PM
Microsoft's gen AI prospects are impressive, but the stock has more to offer investors than just the new tech.
Linda Deutsch, 80, Dies; Covered Notorious Trials for The A.P.
Sep 4, 2024, 3:44 PM
Covering notorious trials, she offered readers an unvarnished view of the sordid side of celebrity, told through many of the country’s most riveting legal dramas.
J. Richard Munro, Who Oversaw the Creation of Time Warner, Dies at 93
Sep 4, 2024, 3:35 PM
As chief executive, he expanded Time Inc.’s offerings, fended off a hostile takeover and built the world’s largest media company.
Volvo reverses goal to make only EVs in 2030
Sep 4, 2024, 11:21 AM
Volvo announced that it is moving away from its goal of making only electric vehicles by 2030 and is now aiming for 90% to 100% of its vehicles to be fully electric EVs plus hybrids.
Boeing Starliner Set to Leave Space Station Without Crew
Sep 4, 2024, 3:18 PM
The troubled spacecraft is scheduled to undock on Friday for a trip back to Earth while two NASA astronauts will stay in orbit.
Crypto advocate John Deaton wins GOP nod to challenge industry skeptic Elizabeth Warren for Senate seat
Sep 4, 2024, 10:58 AM
Republican U.S. Senate candidate John Deaton has garnered the support of many crypto participants and has received personal donations from crypto billionaires.
US job openings fall to lowest level since January 2021
Sep 4, 2024, 10:42 AM
The Labor Department reported Wednesday that job openings in July fell to their lowest level in more than three years as the labor market continues to cool.
Stock market today: Stocks slip as tough September start rolls on
Sep 4, 2024, 2:54 PM
Investors are looking to labor data to gauge the chances of a "soft landing" for the economy.
Biden Expected to Block U.S. Steel Takeover
Sep 4, 2024, 2:26 PM
The Committee on Foreign Investment in the United States is expected to raise national security concerns about selling the iconic steel producer to Japan’s Nippon Steel.
Las Vegas Places a Bet on a New Art Museum, With Help From L.A.
Sep 4, 2024, 2:04 PM
The city agreed to give land to a museum championed by the casino magnate Elaine Wynn, which will be a partnership with the Los Angeles County Museum of Art.
Table 301 Restaurant Group President and owner Carl Sobocinski discusses Trump's 'no tax on tips' plan on 'Cavtuo: Coast to Coast.'
Southwest Airlines' battle with activist investor heats up: Are free bags on the chopping block?
Sep 4, 2024, 9:26 AM
An activist investor has continued pushing for a “comprehensive" review of Southwest Airlines' business while simultaneously building its stake in the carrier.
The Kobeissi Letter Editor-in-Chief Adam Kobeissi on whether he remains bullish on Nvidia.
US Steel CEO says company likely to close steel mills if proposed $14B sale to Nippon Steel falls through
Sep 4, 2024, 8:01 AM
U.S. Steel's CEO is warning that the failure of its planned sale to Nippon Steel would lead to the closure of steel mills that would be modernized if the deal proceeds.
Jim Riswold, Creator of ‘Bo Knows’ and Air Jordan Ads, Dies at 66
Sep 4, 2024, 12:16 PM
His work for Nike — particularly commercials starring Michael Jordan and Spike Lee — blurred the line between advertising and entertainment.
Nordstrom Family Offers $3.8 Billion to Buy Its Namesake Retailer
Sep 4, 2024, 12:06 PM
The $23-per-share offer by the department store’s founding family comes as retailers struggle to navigate new shopping trends and costly real estate.
Noel Parmentel Jr., Essayist, Polemicist and Apostate, Dies at 98
Sep 4, 2024, 11:57 AM
A self-described “reactionary individualist,” he mentored Joan Didion and was credited with famously comparing Nixon to a used-car salesman.
Iran Emerges as a Top Disinformation Threat in U.S. Presidential Race
Sep 4, 2024, 11:30 AM
With a flurry of hacks and fake websites, Iran has intensified its efforts to discredit American democracy and possibly tip the race against former President Donald Trump.
Stock market today: Stocks claw back after tough September start
Sep 4, 2024, 11:08 AM
Investors are looking to labor data to gauge the chances of a "soft landing" for the economy.
Payne Capital Management President Ryan Payne and Bullseye American Ingenuity fund portfolio manager Adam Johnson discuss Nvidia shares amid a DOJ antitrust probe and provide their outlooks on oil prices and the economy.
Job openings fall to lowest level since January 2021
Sep 4, 2024, 10:23 AM
Job openings data released on Wednesday showed the labor market continued to cool in July as investors search for clues on how aggressively the Federal Reserve will cut interest rates in 2024.
Ken Griffin’s Wellington hedge fund at Citadel squeezes out 1% gain in volatile August
Sep 4, 2024, 10:18 AM
Citadel's multistrategy Wellington fund gained about 1% in August, bringing its year-to-date return to 9.9%.
Michael Lee Strategy founder Michael Lee discusses whether his Nvidia 'buy the dip' strategy has changed on 'Varney & Co.'
Trump Media Stock Price Down 70% From March Peak
Sep 4, 2024, 9:46 AM
The stock price of the former president’s social media company has often moved in tandem with investor perception of his standing in the presidential race.
Nasdaq slides as September swoon continues
Sep 4, 2024, 9:34 AM
Investors are looking to labor data to gauge the chances of a "soft landing" for the economy.
Swiss International forced to add huge 'balancing plate' to Airbus jets due to new 1st-class seat weight
Sep 4, 2024, 3:53 AM
Swiss International Air Lines is implementing a balancing plate on certain Airbus jets to account for heavier first-class seats located up front.
Nvidia rout has traders watching key level amid 'vacuum'
Sep 4, 2024, 8:05 AM
(Bloomberg) -- The sharp selloff that wiped a record $279 billion off Nvidia Corp.’s market value on Tuesday has traders scouring charts for clues as to where the pain might end.Most Read from BloombergHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatFor Jay Woods, chief global strategist at Freedom Capital Markets, $100 per share is a key level to watch — around the price of last month’s lowest close. Nvidia shares slipped 2% premarket t
Slowdown Déjà Vu Rattles the Markets
Sep 4, 2024, 7:30 AM
Investors sent technology stocks and other assets tumbling on concerns that the U.S. economy could be headed for a hard landing.
Wall Street Journal main street columnist Bill McGurn assesses the 2024 race, Harris' 'opportunity economy,' the minimum wage debate and the vice president's 'fake' accent during her Detroit speech.
Stock market today: US futures slide as growth worries weigh on spirits
Sep 4, 2024, 7:16 AM
Investors are looking to labor data to gauge the chances of a "soft landing" for the economy.
Why are so many restaurant chains filing for bankruptcy this year?
Sep 4, 2024, 2:00 AM
Bankruptcies among major restaurant chains have surged this year, already nearly doube the number in 2023. One expert explains several factors are fueling the trend.
What investors are getting wrong about the VIX
Sep 4, 2024, 6:00 AM
The VIX is commonly known as the "Fear Gauge," or a measurement of volatility. It is, but it's a little more complicated than that. And it's good to know the difference.
Stocks tumble amid flight from risk
Sep 4, 2024, 5:05 AM
(Bloomberg) -- Treasury yields tumbled as data showing a slowdown in the US labor market boosted Wall Street’s bets on Federal Reserve rate cuts. Stocks fell as Nvidia Corp. extended its two-day selloff to 11%.Most Read from BloombergHow Air Conditioning Took Over the American OfficeThe Outsized Cost of Expanding US RoadsHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatJust a few days ahead of the payrolls report, a reading on job openings known as JOLTS trailed estimates and hit the low
Mega Millions jackpot rises to $740 million after no grand prize winner
Sep 4, 2024, 1:29 AM
The Mega Millions jackpot grew to an estimated $740 million after no tickets matched the winning numbers in Tuesday night's drawing.
Barratt profits plummet as it builds fewer homes
Sep 4, 2024, 5:15 AM
The house building giant built 18% fewer homes last year as profits tumbled.
A new era of easy money is dawning
Sep 4, 2024, 4:00 AM
The coming policy shift expected to start at the Fed's September meeting will ripple through the economy by making it cheaper for consumers and businesses to borrow money.
Robinhood lets Brits lend shares for extra income in bid to grow international footprint
Sep 4, 2024, 3:58 AM
Robinhood on Wednesday launched a new feature in the U.K. allowing users to lend out any stocks they own outright in their portfolio to interested borrowers.
Nvidia's antitrust probe escalates with new subpoena
Sep 3, 2024, 5:34 PM
(Bloomberg) -- The US Justice Department sent subpoenas to Nvidia Corp. and other companies as it seeks evidence that the chipmaker violated antitrust laws, an escalation of its investigation into the dominant provider of AI processors. Most Read from BloombergWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationMadrid to Ban E-Scooter Rentals, Following Lead Set in ParisThe Outsized Cost of Expanding US RoadsHow Air Conditionin
Investors should 'go for gold' as Fed cut looms: Goldman
Sep 3, 2024, 6:26 PM
Goldman Sachs analysts say gold is the firm's preferred commodity as it sits near its two-week high in price.
In Japan, the Era of ‘Free’ Mortgages Is Coming to an End
Sep 4, 2024, 12:00 AM
Homeowners are gearing up to pay more on their loans as the Bank of Japan’s rate increases signal the end of decades of ultralow interest rates.