The so-called “golden share” in US Steel would grant the US federal government a de facto veto over key decisions.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Luxury carmakers BMW and Mercedes are slipping behind little-known, home-grown Seres in the all-important China market.
Moderna is counting on revenue from newer mRNA vaccines, including a next generation Covid shot, to make up for falling sales.
The cable-dependent legacy media players spent the 2010s helping to sharpen the Netflix-issued cord-cutting clippers.
The outlook for clean energy was already looking dim under Trump, who has promised to cut clean-energy while boosting oil, gas, and coal.
While the company didn’t mention the threat of tariffs, Nike is heavily exposed in China, home to roughly 24% of its suppliers.
Consider it a big bet on the future of live events, which, in Swiftie speak, GCL knows about “All Too Well.”
CATL — blacklisted by the US Department of Defense in January for alleged ties to the Chinese military — pulled off the best IPO of the year.
Cable giants Charter and Cox are set to merge in an effort to fend off erosion to internet business thanks to wireless competition.
Travelers are expected to spend $12.5 billion less on trips to the US this year, while the rest of the world is about to see a tourism boost.
ISS, Glass Lewis face criticism from an oil giant engaged in a bitter proxy fight just as Congress renews scrutiny of advisory firms.
Walmart says price hikes are coming this month and in the summer. You can thank tariffs on imports for them.
US cattle inventories have been battered by drought, leading to record beef prices and a long road to bringing them down.
Aibnb is branching out beyond short term rentals as it faces falling travel demand and regulatory pushback from some cities.
UnitedHealth Group has called in its CEO to deal with a Medicare Advantage program that’s crunching margins.
Elon Musk’s Boring Company has held talks with the Federal Railroad Administration about building a multi-billion dollar Amtrak tunnel.