Nippon Steel and United States Steel Corp. ( X ) are reportedly negotiating with the Trump administration to revive their $14 billion merger by significantly boosting investments in U.S. Steel's Rust Belt facilities.  The Details: According to a report from Semafor, sources familiar with the discussions said the Japanese steelmaker has proposed raising its initial $2.7 billion commitment to upgrade...

04:28 PM EDT, 03/28/2025 (MT Newswires) -- Pactiv Evergreen ( PTVE ) said late Friday that Novolex's proposed acquisition of the company for $18 per share in cash has received all required regulatory approvals. The deal is now expected to close on Tuesday, the company said. Pactiv said that upon completion of the deal, it will become a privately held...

04:24 PM EDT, 03/28/2025 (MT Newswires) -- Innoviz Technologies ( INVZ ) said Friday it received a notification from Nasdaq stating that it is not in compliance with a listing rule after its shares closed below $1 for 30 consecutive business days. The notification has no immediate effect on its listing, and the company has until Sept. 22 to regain...

04:27 PM EDT, 03/28/2025 (MT Newswires) -- Alector ( ALEC ) said Friday it has appointed Giacomo Salvadore as chief medical officer, starting April 25. Salvadore joined the company in 2023 as senior vice president of clinical development, Alector ( ALEC ) said. The company said Gary Romano has made the decision to step down from his role as chief...