The deal can be completed if it passes due process and is approved by the outgoing administration, said Takahiro Mori, vice president of Japan’s Nippon Steel. Mori signaled the same confidence about timing of a potential takeover last month.... Read More
DirecTV has notified EchoStar Corp. of its intention to terminate an acquisition of Dish Network Corp. after bondholders failed to consent to a key debt exchange, all but killing a deal to create the largest US pay-TV service.... Read More
The consumer price index increased by 2.6 percent in October from a year earlier, according to the Labor Department, in line with economists’ expectations and hotter than a 2.4 percent rise in September.... Read More
Minority- and women-owned businesses are bracing for the end of affirmative action in federal contracting—and the potential loss of contracts worth at least $70 billion a year.... Read More
President Trump is readying the most extensive tariffs the U.S. has seen in nearly a century, but some of those historic levies will probably be used as bargaining chips in new trade negotiations, according to investors, executives and his Republican allies.... Read More
The University of Michigan’s preliminary November sentiment index advanced to 73, exceeding all but one estimate in a Bloomberg survey of economists. The group’s expectations index surged to 78.5, the highest level since mid-2021, data showed Friday.... Read More
Conditions ranging from abnormally dry to various levels of drought covered a record portion of the Lower 48, according to the latest update from the U.S. Drought Monitor. A remarkable 87% of the country had fallen into dry or drought conditions as of Oct. 31.... Read More
General Electric Co. said more than a dozen suppliers are involved in the disruptions that have slowed delivery of its jet engines and resulted in renewed headaches for planemakers and airlines.... Read More
Gas prices are falling fast, dipping below $3 a gallon in many parts of the country just before the presidential election,although it may not provide the political boost Vice President Kamala Harris is hoping for.... Read More
The U.S. Food and Drug Administration, after intense public pressure and a lawsuit, is reconsidering its declaration barely two weeks ago that a shortage of the appetite-suppressing drugs Mounjaro and Zepbound is over, a temporary about-face that...... Read More
