Category: Business
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Biden Blocks Sale of U.S. Steel to Nippon Steel
The yearlong campaign by the Japanese steelmaker for a $14.1 billion deal crashed against opposition to foreign ownership from political leaders and the United Steelworkers union.
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Basic Materials Roundup: Market Talk
Find insight on Royal Gold, Newmont and more in the latest Market Talks covering Basic Materials.
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Games Workshop Debuts on U.K.’s Bluechip Index
Shares in the company behind the Warhammer franchise ticked higher on its first day of trading on the FTSE 100, giving it a market value of $5.47 billion.
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Netflix’s Boxing Match Was a Glitchy Mess. The Stakes for Its Christmas NFL Games Are Even Higher.
The broadcasts, which include a Beyoncé performance, follow problems with a heavily watched boxing showcase and represent a major live-event test for the streaming giant.
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Coke, PepsiCo Lobby to Keep Sugary Sodas in Food-Stamp Program
Robert F. Kennedy Jr., Trump’s nominee to lead HHS, wants to make sugary drinks ineligible for SNAP benefits.
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After Years of Going Big, American Car Buyers Are Downsizing
Sales of smaller cars and SUVs have been on the rise this year with more shoppers giving priority to affordability.
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Auto & Transport Roundup: Market Talk
Read about Winnebago, Trump’s pick for administrator of the Federal Railroad Administration and more in the latest Market Talks covering Auto and Transport.
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DexCom, Abbott Agree to Settlement in Patent Litigation
The companies have been involved in global patent litigation, with both having accused the other of infringing certain patents, and each has filed counterclaims and actions to invalidate the other party’s patents.
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CFPB Sues Rocket Homes Over Alleged Kickbacks
The lawsuit alleged that the real-estate company provided incentives to brokers and agents to steer home buyers to its parent company’s mortgage-lending wing, Rocket Mortgage.
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CFPB Sues Walmart for Pay Practices for ‘Last-Mile’ Drivers
The lawsuit alleges that Walmart deposited drivers’ pay into accounts with payment platform Branch Messenger without the drivers’ consent.