Year: 2024
Nippon Steel’s U.S. Steel bid referred to President Biden for final decision
The United States Steel Corp. Clairton Coke Works in Clairton, Pennsylvania, US, on Tuesday, Dec. 19, 2023. Justin Merriman | Bloomberg | Getty Images Nippon Steel’s $15 billion bid for U.S. Steel has been referred to U.S. President Joe Biden, a White House spokesman said, giving the president 15 days to decide on a tie up he has […]
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Honda shares set for best day in more than 16 years on share buyback plan, Nissan deal
A sign marks the location of a Honda dealership in Libertyville, Illinois, on Dec. 18, 2024. Scott Olson | Getty Images Shares of Japanese automaker Honda were on track for their best day in 16 years after it announced to buy back up to 1.1 trillion yen ($7 billion) of its shares on Monday amid […]
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CNBC Daily Open: Markets begin last trading week with holiday cheer
A television station broadcasts Jerome Powell, chairman of the U.S. Federal Reserve, on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, Dec. 18, 2024. Michael Nagle | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up […]
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‘Do the upright thing.’ A petition to ban reclining on airplanes has garnered 186,000 signatures
Spilled drinks, crunched laptop screens and crushed knees. A new video shows the reasons why reclining your seat on airplanes morphed from an acceptable practice into a top irritant for many air passengers. The video is part of an ad campaign launched in late November by the furniture company La-Z-Boy, which includes a petition […]
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Asia-Pacific markets open higher after Wall Street gains on tech strength
People posing for photos in front of a Christmas light installation in central Seoul on December 22, 2023. Jung Yeon-je | Afp | Getty Images Asia-Pacific markets opened higher on Christmas Eve, after key U.S. benchmarks rose overnight helped by gains in tech stocks. Japan’s Nikkei 225 and Topix were nearly flat as minutes of […]
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Stock futures are little changed after positive start to the holiday trading week: Live updates
Traders work on the New York Stock Exchange floor on Dec. 18, 2024. Spencer Platt | Getty Images U.S. stock futures were relatively unchanged Monday night after all three major averages kicked off the holiday-shortened trading week in the green. S&P 500 futures traded just below the flatline, while Nasdaq 100 futures fell 0.1%. Futures […]
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The price of cocoa is soaring — could lab-grown chocolate be the answer?
The price of cocoa has soared, as deforestation and climate change make it more difficult for chocolate producers to get their hands on the precious beans. Sacramento-based startup California Cultured is hoping it has found a solution to the industry’s supply issue. “We are still starting with basically a little living bean. So, instead of […]
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Bill Clinton is hospitalized for observation and testing after developing a fever
Former U.S. President Bill Clinton speaks on stage during the third day of the Democratic National Convention at the United Center on August 21, 2024 in Chicago, Illinois. Alex Wong | Getty Images Former President Bill Clinton has been hospitalized in Washington after he developed a fever, a top aide told NBC News on Monday. Clinton, 78, […]
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Ford donates $1 million and fleet of vehicles to Trump’s inauguration
Ford CEO Jim Farley poses for a photo before announcing at a press conference that Ford Motor Company will be partnering with the world’s largest battery company, China-based Contemporary Amperex Technology, to create an electric vehicle battery plant in Marshall, Michigan, on Feb. 13, 2023, in Romulus, Michigan. Bill Pugliano | Getty Images Ford Motor […]
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Israeli tech CEO who was severely wounded in Gaza sells startup for about $100 million
Itamar Ben Hemo didn’t have to join the war. At age 49, the Israeli tech entrepreneur was well outside of the range of mandatory service. But following last year’s Oct. 7 attack by Hamas, Ben Hemo signed up as a reservist, confident that his experience fighting as a paratrooper in Lebanon in 2006 made him […]
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