Industry
US Steel Shareholders Approve Sale of the Iconic American Firm to Japan's Nippon Steel Despite Joe Biden's Opposition
US Steel shareholders have overwhelmingly approved the firm's sale to Japan's Nippon Steel for a cash payment of $14.1 billion.
China Ramps Up Weapons Sales to Russia Amid War With Ukraine, US Intelligence Claims
US intelligence has revealed a significant surge in China's equipment sales to Russia amid its ongoing war with Ukraine.
Nike Plans to Make its Biggest Olympics Spending Yet
Nike is gearing up to make its biggest spending commitment yet for the upcoming Olympics. Nike is gearing up to make its biggest spending commitment yet for the upcoming Olympics, as the renowned sportswear brand aims to rejuvenate sales and contend with emerging competitors, according to a report by Reuters.
JPMorgan Q1 Profit Surpasses Expectations Despite Interest Income Missing Predictions
JPMorgan Chase exceeded expectations in its first-quarter profit, but shares dropped by 6% as projections for interest income fell short.