By Ben Klayman DETROIT (Reuters) -U.S. Steel CEO David Burritt said on Tuesday he was confident Nippon Steel’s $14.9 billion bid for his company would “close on its merits,” despite political opposition and concerns raised in a national security review. Burritt, speaking at the Detroit Economic Club, described the review process as “very robust” but […]
Chevron CEO hits Biden’s natural gas policies, says fuel is crucial for AI
By Sabrina Valle HOUSTON (Reuters) -Chevron CEO Michael Wirth on Tuesday criticized U.S. President Joe Biden’s administration for what he described as “attacks on the natural gas” industry and emphasized the crucial role of Permian natural gas in powering the rapid growth of artificial intelligence (AI). The CEO’s remarks followed new government plans over policies […]
JPMorgan in talks with Apple over Goldman credit card partnership, source says
(Reuters) -JPMorgan Chase is in talks with Apple about replacing Goldman Sachs as the tech giant’s credit-card partner, a source familiar with the matter said on Tuesday. The discussions started earlier this year and have advanced in recent weeks, but any potential deal could still be months away, said the source, who asked not to […]
Trump’s media stock falls before insider trading restrictions lift
By Noel Randewich (Reuters) – Shares of Donald Trump’s media company fell for a second session on Tuesday ahead of the end of restrictions on share sales by the former U.S. president and other insiders. Trump Media & Technology Group, which is 57% owned by the Republican presidential candidate, fell 3.6%, bringing its loss this […]