) was higher on Wednesday after Reuters reported the U.S. national security panel reviewing Nippon Steel’s US$14.9-billion bid let the companies refile their application for approval of the deal, delaying a decision on the politically sensitive merger until after the Nov. 5 presidential election.
Japanese public broadcaster NHK reported on Wednesday that Nippon Steel had refiled an application with the CFIUS for its U.S. Steel acquisition plan by Wednesday, quoting people familiar with the matter. The computing requirements for AI have dictated that tech companies string together thousands of chips in clusters to achieve the necessary amount of data crunching power, leading to a surge in the demand for these specialized data centers.
The investments will be chiefly in the United States and the remainder in its partner countries, according to the companies.) was up after it won a legal challenge on Wednesday against a 1.49 billion euro European Union antitrust fine, while “The Commission has also not demonstrated that the clauses in question had, first, possibly deterred innovation, next, helped Google to maintain and strengthen its dominant position on the national markets for online search advertising at issue and, last, that they had possibly harmed consumers,” the judges said.
Judges threw out all its arguments. The Commission imposed the fine in 2019, saying that Qualcomm sold its chipsets below cost between 2009 and 2011, in a practice known as predatory pricing, to thwart British phone software maker Icera, which is now part of Nvidia Corp.) soared after it said late Tuesday it has bagged a navigation and communication services contract of up to US$4.82-billion from NASA for missions in the near space region.
NASA had paid Intuitive US$118-million to build and fly Odysseus, which in February became the first U.S. spacecraft to land on the moon in half a century. The spacecraft, however, lost power and went dormant after a lopsided landing that hindered operations and scientific output.) was up after it said Wednesday it has completed its US$1.9-billion acquisition of Hawaiian Airlines after it reached agreement with the U.S. Transportation Department.
Rogers also holds a 37.5-per-cent of MLSE and has the right to purchase MLSE chairman Larry Tanenbaum’s stake in the company in 2026. Rogers also owns Major League Baseball’s Toronto Blue Jays. Papua New Guinea has granted police emergency powers, including the use of lethal force, to contain the violence in Porgera between illegal settlers squatting near the gold mine and local landowners, newspapers Post-Courier and The National reported late on Sunday.
Earlier on Tuesday the supply chain management software supplier said it had hired Goldman Sachs, without disclosing the purpose. But it also said the board “strongly believes that execution of its strategic plan is the best path to maximize shareholder value.” Irenic said the board cannot make decisions about the “best path forward without first considering alternative paths,” expressing concern the board is not fully examining potential interest in the company.) posted a smaller-than-expected drop in quarterly sales on Wednesday aided by higher prices for certain snacks, helping combat a consumer demand slowdown.
The company’s quarterly sales fell 1 per cent to US$4.85-billion from a year ago. Analysts, on average, expected a drop of 2.11 per cent to US$4.80-billion, according to LSEG data.) dropped after it filed for Chapter 11 bankruptcy protection late on Tuesday, succumbing to mounting losses amid poor demand for its once-iconic food storage containers.
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