Nippon SteelThe proposed $15 billion acquisition of American steel “It appears to merit serious analysis,” the White House said Thursday. The statement came after an outcry from protectionist lawmakers, including Sen. John Fetterman (D., Pa.), who cited union and national security concerns and vowed to block the sale. Anti-Japanese business …
Read More »Will GM shareholders survive the electric vehicle crisis?| Trending Viral hub
With a big share buyback, Mary Barra reminds investors that gasoline-powered trucks generate profits.
Read More »Chuck Schumer doesn’t know how gas prices work| Trending Viral hub
Senate Majority Leader Chuck Schumer and 22 Democratic senators recently wrote to the chairman of the Federal Trade Commission Lina Khan calling for an investigation into proposed mergers between Exxon Mobile and Pioneering natural resources and Chevron and Hesse. The letter argues that these mergers will allow “anti-competitive coordination in …
Read More »FPIs become buyers; invest 1,433 cr in stocks in november till now| Trending Viral hub
After sustained selling in the last two and a half months, FPIs have bought Indian stocks worth Rs 1,433 crore so far in November, mainly due to the fall in US Treasury bond yields and crude oil prices. Foreign portfolio investors (FPIs) were net sellers till November 15. However, they …
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