US Steel shareholders have overwhelmingly approved the firm's sale to Japan's Nippon Steel for a cash payment of $14.1 billion.
Industry
Apple Experiences 10% Decline in iPhone Shipments as Android Rivals Gain Steam
Apple has faced a significant setback in its iPhone shipments, experiencing a larger-than-projected 10% decline in the March quarter.
Narendra Modi Pledges to Make India a Worldwide Manufacturing Powerhouse as Businesses Leave China
Indian Prime Minister Narendra Modi pledged to make India a global manufacturing hub and construct infrastructure as companies leave China.
Major Arab Airlines Cancel Some of Their Flights After Iran’s Retaliatory Attack on Israel
Several major Arab airlines have been forced to cancel their flight schedules over the weekend following Iran's strikes on Israel.
Oil Prices Expected to Rise as Israel Responds to Iran's Missile, Drone Attack
A potential increase in oil prices is expected following the recent attack on Israel by Iran, although the extent of possibilities gains hinges on the response.
Latest News
US intelligence has revealed a significant surge in China's equipment sales to Russia amid its ongoing war with Ukraine.
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 Chase exceeded expectations in its first-quarter profit, but shares dropped by 6% as projections for interest income fell short.
Roberto Cavalli was a renowned fashion designer who founded the Roberto Cavalli company in the 1970s.
Biden administration has been asked to suspend new flights to and from China temporarily. The United States aviation sector has petitioned the Biden administration to temporarily halt the authorization of new flights to and from China.
Samsung Next is leaving Israel as the war rages on. The firm decided to take its business operations abroad instead.
Amazon's Stefano La Rovere challenged the notion that technology displaces jobs, citing that robotics and AI have created new job categories and improved working conditions for employees.
Another $3.3 billion was added to the $207 billion fortune of Amazon founder Jeff Bezos after the e-commerce giant hit a new record share price on Thursday.
This milestone aligns with President Biden's goal to make the US power grid carbon pollution-free by 2035, a key initiative in combating climate change and securing energy resources.
