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 billion deal to buy the American steelmaker. President Joe Biden blocked the deal between U.S. Steel and Nippon Steel on Friday, citing national security concerns after a key…
Panera Bread’s parent company announced Tuesday that CEO Jose Dueñas is stepping down, effective immediately. The change in leadership is the latest challenge to the company’s plans to go public eventually, following several years of hurdles. Panera Brands CFO Paul Carbone will step in as interim chief executive while the board…
Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial intelligence era, in a deal that would likely draw antitrust scrutiny. The move comes at a time when the licensed visual content industry is facing threats from…
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 Wall Street on Wednesday. Huang was asked on Tuesday about Nvidia’s strategy for quantum computing. He said Nvidia could make conventional chips that are needed alongside quantum computing…
Ireland has joined South Africa’s genocide case against Israel, the International Court of Justice announced Tuesday morning. In a brief press statement, the ICJ said that Ireland had on Monday joined Nicaragua, Colombia, Mexico, Libya, Bolivia, Turkey, the Maldives, Chile, Spain, and the State of Palestine in asking to intervene…
Virginia Democrats will hold on to their narrow majorities in the state Legislature after winning special elections Tuesday in two seats in a county that shifted toward President-elect Donald Trump last year, the Associated Press projects. Democratic state Rep. Kannan Srinivasan defeated Republican Tumay Harding to win an open Senate…
After nearly a decade in power, Canadian Prime Minister Justin Trudeau finally bowed to a chorus of criticism that had become too loud to ignore, announcing his resignation on Monday. Among the loudest critics was one of his most loyal and longest-serving deputies. In December, then-Deputy Prime Minister Chrystia Freeland…
Meta on Tuesday announced sweeping changes to how it moderates content that will roll out in the coming months, including doing away with professional fact checking. But the company also quietly updated its hateful conduct policy, adding new types of content users can post on the platform, effective immediately. Users…
The Biden administration asked a federal appeals court on Tuesday to block a plea agreement for accused 9/11 mastermind Khalid Sheikh Mohammed that would spare him the risk of the death penalty. The Justice Department argued in a brief filed with a federal appeals court in the District of Columbia…
After serving just one season as the team’s full-time head coach, Antonio Pierce was fired Tuesday by the Las Vegas Raiders. Pierce was dismissed following the team’s disappointing 4-win, 13-loss season. The 46-year-old compiled a 5-4 record as the Raiders’ interim head coach during the 2023 campaign after Josh McDaniels…