Year: 2025
Cleveland-Cliffs partnering with Nucor on potential bid for U.S. Steel, sources say
A United Steelworkers sign is seen outside the Great Lakes Works United States Steel plant in River Rouge, Michigan U.S., September 16, 2024. Rebecca Cook | Reuters Cleveland Cliffs is partnering with rival Nucor in a potential bid for U.S. Steel, whose takeover by Japan’s Nippon Steel was just blocked by the White House earlier […]
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Stocks making the biggest moves premarket: Abercrombie & Fitch, Pinterest, Howard Hughes Holdings and more
Check out the companies making headlines before the bell: Quantum stocks — Quantum stocks tumbled on Monday morning, following comments from Mark Zuckerberg echoing Nvidia CEO Jensen Huang that quantum is at least a decade away from being a “useful paradigm.” Zuckerberg made the comments on a Friday episode of the “Joe Rogan Experience.” Shares […]
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Why you may be paying to help make the mattress industry more eco-friendly
Key Points Four states now levy an extra fee of $16 to $22.50 when consumers buy a new mattress or box spring. The fees help fund mattress recycling efforts. Oregon launched its program Jan. 1. California and Connecticut raised their fees in 2025. Other states are considering the programs, an example of “extended producer responsibility” […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Trimming tech U.S. stock futures fell Monday as investors were poised to drop key tech stocks. The drop in growth stocks comes as the U.S. 10-year Treasury yield climbs. A stronger-than-expected December jobs report also hit the market Friday, […]
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Moderna stock plunges 18% after company lowers 2025 sales forecast by $1 billion
The Moderna Inc. headquarters in Cambridge, Massachusetts, US, on Tuesday, March 26, 2024. Adam Glanzman | Bloomberg | Getty Images Moderna on Monday lowered its 2025 sales guidance by roughly $1 billion due to a few potential headwinds later this year, as the biotech company continues to cut costs and expand its portfolio. Moderna now […]
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Bill Ackman offers to take over real estate developer Howard Hughes for $85 a share
Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023. Adam Jeffery | CNBC Bill Ackman’s Pershing Square is forming a new entity to merge with Howard Hughes Holdings, offering current holders of the real estate company $85 a share. “While we are pleased with the […]
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Bitcoin accelerates its slide, falling to $90,000 to start the week
Bitcoin dropped to the $90,000 mark to start the week, extending weekend losses as investors continued to dump tech stocks. The price of the flagship cryptocurrency was last lower by 4% at $90,413.80, according to Coin Metrics, bringing its losses since Saturday to about 7%. Bitcoin lost 11% in the past week. Stock Chart IconStock […]
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AWS and General Catalyst partner to speed up development of health-care AI tools
Attendees walk through an expo hall at AWS re:Invent, a conference hosted by Amazon Web Services, at the Venetian in Las Vegas on Nov. 28, 2023. Noah Berger | Getty Images Entertainment | Getty Images Amazon Web Services and venture capital firm General Catalyst on Monday announced a new multi-year partnership in their latest push […]
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New AI tool for fighting health insurance denials could save hospitals billions, and help patients
The Waystar team celebrates its IPO at the Nasdaq 2024 Nasdaq, Inc. / Vanja Savic Health-care payments company Waystar on Monday announced a new generative artificial intelligence tool that can help hospitals quickly tackle one of their most costly and tedious responsibilities: fighting insurance denials. Hospitals and health systems spend nearly $20 billion a year […]
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Lululemon says holiday season was better than expected, raises earnings and revenue guidance
Signage at a Lululemon store in New York on Aug. 22, 2024. Yuki Iwamura | Bloomberg | Getty Images Lululemon raised its fourth quarter earnings and revenue guidance on Monday after seeing a strong response from shoppers during the all-important holiday season. The athletic apparel company now expects sales to grow between 11% and 12% […]
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