Industry

The US will keep veto power in Nippon Steel's $14.9B deal to buy US Steel, ensuring key decisions remain under American control.

Following the official announcement of the agreement, Informatica's stock saw a 5.7% increase.

The EU warns Shein over alleged consumer law violations, giving the retailer one month to respond or face possible fines.

Volvo cuts 3,000 jobs to save $2 billion amid industry challenges and global trade tensions.

Find out what's open and closed on Memorial Day 2025, including store hours, bank closures, and mail service updates.

McDonald's will close all CosMc's locations in June, ending its beverage-focused chain just two years after launch.

Trump warns Apple of a 25% tariff if it doesn't move iPhone production to the US.

Trump approves US Steel-Nippon merger, pledging 70,000 jobs and $14B investment in the US economy.

Levi's sells Dockers to Authentic Brands for $311 million to focus on denim, global growth, and core brand strategy.

Home Depot commits to keeping prices steady despite tariffs, setting itself apart from Walmart's planned price hikes.

Cucumbers recalled in 15 states after a Salmonella outbreak sickens 26 people and hospitalizes 9.

Walmart CFO warns shoppers may see higher prices by late May due to rising import tariffs.

A judge tosses Vanguard's $40M investor settlement, citing overlap with an earlier SEC payout.

Regeneron acquires 23andMe for $256M after bankruptcy, pledging to protect customer genetic data.

Government to Retain Veto Power in US Steel Deal With Japan's Nippon Steel