Recovery Underway: Defense Secretary Lloyd Austin Hospitalized and Stable

The Pentagon stated Friday that Defense Secretary Lloyd Austin is recovering after being taken to Walter Reed Medical Center on New Year’s Day owing to complications from an elective medical procedure. While the brief statement did not specify the treatment or difficulties, it did say Austin is “recovering well.” Austin’s Recovery: Pentagon Updates on Defense … Read more

Investors Anticipate U.S. Political Factors to Postpone Nippon Steel’s Acquisition of U.S. Steel

Nippon Steel’s $14.9 billion acquisition of U.S. Steel may be delayed by U.S. politicians and labor organizations, investors worry. Concerns Mount Over Nippon Steel’s U.S. Steel Acquisition Amid Political Scrutiny Despite the market’s forecast of over 70% possibility of the merger going through, the widening difference between the agreement value and U.S. Steel’s market price … Read more