The buyout, which will take the drugstore chain private for the first time in nearly a century, will give it more flexibility to make changes to improve its business without worrying about Wall Street’s reaction.
At U.S. Steel, Nippon Steel plans to invest $11 billion by 2028 to upgrade aging production facilities. The plan includes at least $3.1 billion in investments for the Gary Works mill in Indiana.
Among the conditions agreed to by the buyer is a promise not to transfer any user genetic data to a third party.
The combined company will become the world’s fourth-largest steelmaker, and bring what analysts say is Nippon Steel’s top-notch technology to U.S. Steel’s antiquated steelmaking processes.
President Trump said he thinks China President Xi Jinping would “ultimately approve” a deal to divest TikTok’s business in the United States.
President Donald Trump would have unique influence over the operations of U.S. Steel under the terms of what the White House calls an “investment” being made by Japan-based Nippon Steel in the iconic American steelmaker.
The iconic American steelmaker and Nippon Steel said in a joint statement that the agreement stipulates that approximately $11 billion in new investments will be made by 2028.
Telemetry provides artificial intelligence, video and tracking analytics to help football programs with player evaluation, scouting, recruiting and planning. It’s used by 25 NFL teams.
One of the nation’s largest mortgage lenders is purchasing Hallmark, which has branches in Indianapolis, Brownsburg, Plainfield and elsewhere in Indiana.
The business unit employs about 11,000 people in 25 countries. Allison did not specify if any jobs would be negatively affected by the deal.
It could be one of the biggest acquisitions the social media giant has made since its 2014 deal to buy WhatsApp, according to a person familiar with the matter.
Craft labels from the now-closed fabrics seller Joann are making their way to a new home: Michaels.
Indianapolis is home to two Dave’s Hot Chicken restaurants. The brand specializes in Nashville-style hot chicken tenders offered at seven different levels of heat.
Combining Nippon Steel—the world’s 4th largest steel producer—and U.S. Steel—the world’s 24th largest—would create the world’s 3rd largest steel producer.
SiteOne Therapeutics is developing a non-opioid therapy that targets sodium ion channels in the human body to treat pain and sensory hyperexcitability disorders.
The deal could be strategic given the intensifying competition in the market for artificial intelligence-driven databases.
The proposed acquisition, first announced in December 2023, was originally blocked by former President Joe Biden.
The tech giant sought to acquire Activision Blizzard, maker of the popular “Call of Duty” video game.
While it was not the sole—or very first—creator of dressed-down office looks, Dockers has been widely-credited as an integral part to Casual Friday’s rise, particularly in the 1990s.
U.S. Steel first announced plans for the acquisition in December 2023 after another purchase offer from rival Cleveland-Cliffs was rejected.
