Latest United States Steel Corp News

Why Trump tariffs haven't revitalized American steelmakers

Nov. 4, 2019 12:40 PM EST

WASHINGTON (AP) — President Donald Trump's move last year to tax imported steel triggered jeers but also cheers. Its goal — to raise steel prices — threatened to hurt the legions of U.S. manufacturers that depend on steel. But at least it would benefit U.S. steel companies and the Americans...

Why Trump tariffs haven't revitalized American steelmakers

Nov. 4, 2019 12:20 PM EST

WASHINGTON (AP) — President Donald Trump's move last year to tax imported steel triggered jeers but also cheers. Its goal — to raise steel prices — threatened to hurt the legions of U.S. manufacturers that depend on steel. But at least it would benefit U.S. steel companies and the Americans...

US Steel and Qorvo post gains while Avis and Arista decline

Nov. 1, 2019 4:45 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday. United States Steel Corp., up $1.70 to $13.21 The steel maker trimmed costs during the third-quarter and reported a smaller-than-expected loss. BeiGene Ltd., up $51.22 to $189.56 Amgen is buying a 20.5% stake in the biotechnology...

WeWork co-founder pushed aside in $5B SoftBank takeover

Oct. 23, 2019 12:31 AM EDT

NEW YORK (AP) — WeWork is accepting a financial rescue package that hands control of the company to Japanese tech giant SoftBank and pushes aside co-founder Adam Neumann and his grandiose vision of changing the world through communal working. WeWork said in a statement that Japanese tech conglomerate...

FireEye, Liberty Latin rise while James River, J&J fall

Oct. 9, 2019 4:47 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday. FireEye Inc., up 69 cents to $14.53 The cybersecurity company told investors that its third quarter revenue will hit the high end of its forecast and possibly top its expectations. Liberty Latin America Ltd., up 51 cents to...

McCormick, US Steel rise; Charles Schwab, Wells Fargo fall

Oct. 1, 2019 4:51 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Tuesday. Endo International PLC, up 13 cents to $3.34 The pharmaceutical company and others are exploring ways to settle their opioid lawsuits through Purdue Pharma's bankruptcy, according to media reports. McCormick & Co., up $10.65...

Asian shares mostly higher as China cuts loan rate

Sep. 20, 2019 12:08 AM EDT

BANGKOK (AP) — Asian shares were mostly higher on Friday after a lackluster session on Wall Street, as investors shifted their focus to China-U.S. trade talks after a busy week of central bank news. Japan's Nikkei 225 index gained 0.4% to 22,135.98 and the Shanghai Composite index rose 0.2% to 3,004.48....

Microsoft, Herman Miller gain while US Steel, Darden dip

Sep. 19, 2019 4:25 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday. Microsoft Corp., up $2.55 to $141.07 The technology company's board of directors approved a $40 billion stock buyback plan and raised its quarterly dividend. General Motors Co., down 40 cents to $37.78 A strike by United Auto...

Markets Right Now: Stocks little changed after rally wanes

Sep. 19, 2019 4:20 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are sputtering at the close on Wall Street Thursday after an early rally fizzled. The Dow Jones Industrial Average fell 52 points, or 0.2%, to 27,094, while the S&P 500 was essentially flat at 3,006....

Trump outpaces Obama, Bush in naming ex-lobbyists to Cabinet

Sep. 17, 2019 4:47 PM EDT

WASHINGTON (AP) — In less than three years, President Donald Trump has named more former lobbyists to Cabinet-level posts than his most recent predecessors did in eight, putting a substantial amount of oversight in the hands of people with ties to the industries they're regulating. The Cabinet choices are...