DETROIT (Reuters) -U.S. Steel CEO David Burritt said on Tuesday he was confident Nippon Steel's ( NISTF ) $14.9 billion bid for his company would close on its merits, despite political opposition and concerns raised in a national security review. Burritt, speaking at the Detroit Economic Club, described the review process as very robust but added, we trust the process,...

Moderna, Inc. ( MRNA ) shares are moving higher on Tuesday after the company announced that Health Canada approved its updated COVID-19 vaccine. What Happened: Moderna ( MRNA ) announced on Tuesday that Health Canada approved its vaccine, SPIKEVAX, which aids in preventing COVID-19 in people six months of age or older. The vaccine targets the KP.2 variant of COVID-19....

01:43 PM EDT, 09/17/2024 (MT Newswires) -- United Airlines' (UAL) plan to retrofit more than 1,000 planes with Starlink and offer Wi-Fi for free almost doubled SpaceX's backlog of Starlink in-flight orders to over 2,500 aircraft, CNBC reported Tuesday, citing Nick Galano, SpaceX director of Starlink aviation sales and partnerships at a conference in Paris. This deal is expected to...

01:40 PM EDT, 09/17/2024 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) shedding 1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.6%. Redbook US same-store sales rose by 4.6% from a year earlier in the week ended Sept. 14, slower than a 6.5% year-over-year increase in the...