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U.S. Steel CEO appeals to Trump after Biden blocks deal with Japanese firm

January 9, 2025

The chief executive of U.S. Steel appealed directly to President-elect Donald Trump to take a second look at a Japanese company’s $15

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Categories Business

Panera Brands CEO steps down; CFO to fill in as interim chief

January 9, 2025

Panera Bread’s parent company announced Tuesday that CEO Jose Dueñas is stepping down, effective immediately. The change in leadership is the latest challenge

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Categories Business

Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says

January 9, 2025

D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked

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Categories Business

McDonald’s is the latest company to roll back diversity goals

January 8, 2025

Four years after launching a push for more diversity in its ranks, McDonald’s is ending some of its diversity practices, citing a

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Categories Business

Sierra Space CEO leaves as $5 billion company pushes to launch space plane

January 8, 2025

Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday. In a statement, Sierra Space said Vice retired Dec. 31. Chairman Fatih Ozmen

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Categories Business

U.S. Steel sues Biden admin, union boss after president blocks acquisition deal

January 8, 2025

U.S. Steel and the Japanese firm that had sought to acquire it are suing the Biden administration after the president announced he

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Categories Business

Eli Manning says ‘only one team’ he’d take an ownership stake in: The New York Giants

January 8, 2025

Former New York Giants quarterback Eli Manning would consider becoming a minority owner of his old team if the Mara family is

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Categories Business

FTC chair hopes Amazon, Facebook won’t get ‘sweetheart deal’ from Trump in antitrust cases

January 8, 2025

Federal Trade Commission Chair Lina Khan said Tuesday she hopes the incoming Trump administration will not let Amazon and Facebook parent Meta off the hook from pending

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Categories Business

Biden blocks Japan’s Nippon Steel from $15 billion takeover of U.S. Steel

January 7, 2025

President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company

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Categories Business

Vail stock struggles as strike leads to long lines at Park City Mountain

January 7, 2025

Vail Resorts shares have dropped in recent weeks as a labor dispute roiled one of America’s most prominent skiing destinations. The Park City Professional

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