Cleveland-Cliffs eyeing all-cash bid for U.S. Steel, source says
By Anirban Sen, Alexandra Alper and David Shepardson (Reuters) -Cleveland-Cliffs is partnering with peer Nucor (NYSE:NUE) to prepare a potential all-cash bid for U.S. Steel, with an offer in the high $30s per share, a person familiar with the
Hawaiian Electric lays out plan to reduce wildfire risk
(Reuters) – Electricity provider Hawaiian Electric on Monday laid out a plan to fortify the power grid to help reduce the risk of a wildfire started by its equipment. The utility has faced intense scrutiny in the past for its role
Robinhood to pay $45 million to settle SEC charges over record keeping, other violations
NEW YORK (Reuters) – Online trading firm Robinhood Markets (NASDAQ:HOOD) has agreed to pay $45 million to settle U.S. Securities and Exchange Commission charges over record keeping, trade reporting and other rule violations, the regulator said on Monday. Regulators
Factbox-Utilities face increasing scrutiny in LA wildfires
NEW YORK (Reuters) – As multiple wildfires devour tens of thousands of acres across Los Angeles in what is expected to be the most costly natural disaster in U.S. history, the area’s electric utilities have come under increasing scrutiny. While officials have not
Australia consumer sentiment index dips 0.7% in Jan
SYDNEY (Reuters) – Australian consumer sentiment dipped for a second month in January as financial stress dominated at the start of the new year, a survey showed on Tuesday, suggesting spending will remain subdued in the near term. The Westpac-Melbourne Institute