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Business and Economic News

Nippon, U.S. Steel file suit after Biden administration blocks $15 billion deal

Nippon, U.S. Steel file suit after Biden administration blocks $15 billion deal

Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel.
by The Associated Press

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Biden bans new offshore oil and gas drilling in most federal waters

Biden bans new offshore oil and gas drilling in most federal waters

President Joe Biden is moving to ban new offshore oil and gas drilling in most U.S. coastal waters, an effort to block possible action by the incoming Trump administration to expand offshore drilling.
by The Associated Press

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How influencers are impacting journalism

How influencers are impacting journalism

NPR's Eric Deggans speaks to Summer Harlow of the Knight Center for Journalism in the Americas and V Spehar of UnderTheDeskNews about the role of influencers in journalism.
by Eric Deggans, Eleana Tworek and D. Parvaz

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Xcel Energy customers to see higher bills in 2025

Xcel Energy customers to see higher bills in 2025

In December, the state Public Utilities Commission approved a 5.2 percent interim rate increase for Minnesota’s largest electric utility. That amounts to an extra $5.39 a month for a typical household.
by Kirsti Marohn

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Turo-rented cars were involved in 2 deadly incidents this New Year’s. Here’s what we know

Turo-rented cars were involved in 2 deadly incidents this New Year’s. Here’s what we know

Two deadly incidents on New Year’s Day — an attack being investigated as an act of terrorism in New Orleans and an explosion of a Tesla Cybertruck in Las Vegas — both involved vehicles that were rented on Turo, a peer-to-peer car sharing company.
by The Associated Press

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