Podcast appearances and mentions of cleveland cliffs

Set your clock - must be the weekend - New Tariffs imposed Someone wants the Fed Chair job TACO FAFO and more... More muddy AI cover art PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter  Warm-Up - Must be the weekend - New Tariffs imposed - Someone wants the Fed Chair job - TACO FAFO and more... - More muddy AI cover art Markets - YUGE move for markets - Tariffs reinstated by Appeals court - for now - Hope for a spending bill - SPENDING BILLS - Retailers still worried - apparel stores not happy More tariffs - President Donald Trump told U.S. steelworkers on Friday that he will double tariffs on steel imports to 50%. - “We're going to bring it from 25% to 50%, the tariffs on steel into the United States of America,” Trump said during remarks at U.S. Steel's Irvin Works in West Mifflin, Pennsylvania. The president said the steep tariffs would “further secure the steel industry.” - “At 25%, they can sort of get over that fence,” Trump said. “At 50%, they can no longer get over the fence.” - Shares of mining company Cleveland-Cliffs popped roughly 22% following the announcement, while Steel Dynamics jumped more than 13% and Nucor was up more than 12% Tariffs - Court Strikes them down - something we discussed a bit on the legality of tariffs in the way they were impose to begin with - Appeals court reinstates temporarily - Did you see Howard Lutnik? Like putty in Trump hands, saying how Trump will win, he always wins, he is such a winner, no one can negotiate like Trump - on and one in a press conference. Economic Downtick - The U.S. growth outlook was downwardly revised to just 1.6% this year and 1.5% in 2026. In March, the OECD was still expecting a 2.2% expansion in 2025. - “Global GDP growth is projected to slow from 3.3% in 2024 to 2.9% this year and in 2026 ... on the technical assumption that tariff rates as of mid-May are sustained despite ongoing legal challenges,” the OECD said. - It had previously forecast global growth of 3.1% this year and 3% in 2026 Big Month - NASDAQ up 9.6% for May - S&P 500 up 6% - Some calling it a Bear Market Bounce - Valuations getting toward top end again - Breath is poor again - BIG Names pulling most up - Tech was big driver in May - Best month for S&P 500 since November 2023 Someone Looking to Be Appointed - Kevin Warsh (Brown Nose Warsh) Says Fed Officials Shouldn't Be ‘Pampered Princes,' Defends Trump's Criticism of the Bank - Leading name for the next Fed Chair - defended the president's right to criticize the central bank, saying the Fed is too big and politically exposed. --- He is showing how political it can be with this kind of populist view Inflation Report - PCE moved to 2.1% on April (lower than expected) - Core inflation also was at 0.1% for the month though it was higher on an annual level at 2.5%. - Consumer spending, though, slowed sharply for the month, posting just a 0.2% increase. - The savings rate surged to 4.9%, the highest in nearly a year. - Food prices fell 0.3% on the month while energy goods and services increased 0.5%. Shelter costs, which has been one of the most stubborn inflation components, increased 0.4%. -- Put all of that together - consumers are pulling back New and Old Acronyms making waves - MEGA (Make Europe Great Again) - MAGA (Make America Go Away) - TACO (Trump Always Chickens Out) - FAFO (Fuck Around and Find Out) ----It is used to capture the financial market's volatility and chaos that Trump's policymaking process has created Dell Earnings - Dell Technologies reported fiscal first-quarter earnings that missed Wall Street expectations, but the company beat on revenue and offered a stronger-than-expect...

Ignacio Vacchiano, responsable de distribución en España de Leverage Shares, analiza la situación de las compañías Campbell Soup, Cleveland Cliffs, Nucor, Steey Dynamics, Alcoa, Bristol-Myers, Microsoft y Meta.

Scott Wapner and the Investment Committee discuss the big day for stocks as the President once again backs away from his tariff threat. Plus, Jim Lebenthal buys more Alphabet and defends his position in Cleveland-Cliffs. And later, Josh Brown shares a stock from his “Best Stocks in the Market.” 

Doreen Greenwald, President of the National Treasury Employees Union (NTEU), joined the America's Work Force Union Podcast to discuss the threats facing federal workers' collective bargaining agreements, the impact of budget cuts on IRS operations and the importance of protecting federal employee data. Pat Gallagher, President of the North Coast Area Labor Federation, joined the America's Work Force Union Podcast to discuss some of the recent challenges facing the steel industry, such as the Cleveland Cliffs' facility closures, the significance of the rail mill in Stilton, Pa. and the upcoming Ohio AFL-CIO Legislative Conference.

Today on MetroNews This Morning: --One W.Va. school board is seeking a legal opinion on Governor Morrisey's executive order offering religious exemptions to required vaccinations--Foster parents detail their struggles in the first of a series of public listening sessions--Leaders continue to lament the actions of Cleveland Cliffs to halt plans for a transformer plant in Weirton--In Sports:  Post season in high school baseball and softball are underway

Why did Disney's Middle East expansion wow investors? And how is steelmaker Cleveland-Cliffs slowing down its operations? Plus, how did Boeing benefit from the U.S.-U.K. trade agreement? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them.Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why did Disney's Middle East expansion wow investors? And how is steelmaker Cleveland-Cliffs slowing down its operations? Plus, how did Boeing benefit from the U.S.-U.K. trade agreement? Host Francesca Fontana discusses the biggest stock moves of the week and the news that drove them. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Senator Bernie Moreno once again brings shame to Ohio, this time by condoning human suffering on an unimaginable scale Learn more about your ad choices. Visit megaphone.fm/adchoices

Today on MetroNews This Morning: --Reaction from the head of the Catholic Church in West Virginia to a new pope--A lot of reaction to Cleveland Cliffs' action to scrap plans for a transformer plant in Weirton--Senator Capito is looking for more clarity on what will happen with NIOSH and coal miner health programs--In Sports: WVU opens a series on the road at Kansas State trying to rebound from the Pitt loss

Businesses prepare for Trumps ‘Liberation Day' as the United States heads towards massive introduction of import taxes later this week Japan is one of the US's biggest investors. How will they cope with tariffs? We hear from Stephen Nagy Professor at the International Christian University in Tokyo. We also hear from Cleveland-Cliffs steel, a US steel company that supports the implementation of tariffs

Businesses prepare for Trumps ‘Liberation Day' as the United States heads towards massive introduction of import taxes later this week Japan is one of the US's biggest investors. How will they cope with tariffs? We hear from Stephen Nagy Professor at the International Christian University in Tokyo. We also hear from Cleveland-Cliffs steel, a US steel company that supports the implementation of tariffs

Hour 1 Segment 1 Tony starts the show talking about how Mark Carney says the old U.S./Canada relationship is over. Tony also talks more about President Donald Trump’s 25% tariffs on imported cars. Tony later talks about Cleveland-Cliffs laying off more than 600 employees due to a weak auto demand. Hour 1 Segment 2 Tony talks about the utilization of Signal as an app and how Katherine Maher of NPR is on Signal’s board of directors. Tony also talks about how people want Pete Hegseth fired. Hour 1 Segment 3 Tony talks about his son discovering Albert King. Hour 1 Segment 4 Tony wraps up the first hour of the show by talking about President Trump pulling Elise Stefanik nomination for the U.N. ambassador. Tony also talks about how Scott Pressler thinks the Democrats will be fired up this year and next. See omnystudio.com/listener for privacy information.

Tony starts the show talking about how Mark Carney says the old U.S./Canada relationship is over. Tony also talks more about President Donald Trump’s 25% tariffs on imported cars. Tony later talks about Cleveland-Cliffs laying off more than 600 employees due to a weak auto demand.See omnystudio.com/listener for privacy information.

Hour 1 Segment 1 Tony starts the show talking about how Mark Carney says the old U.S./Canada relationship is over. Tony also talks more about President Donald Trump’s 25% tariffs on imported cars. Tony later talks about Cleveland-Cliffs laying off more than 600 employees due to a weak auto demand. Hour 1 Segment 2 Tony talks about the utilization of Signal as an app and how Katherine Maher of NPR is on Signal’s board of directors. Tony also talks about how people want Pete Hegseth fired. Hour 1 Segment 3 Tony talks about his son discovering Albert King. Hour 1 Segment 4 Tony wraps up the first hour of the show by talking about President Trump pulling Elise Stefanik nomination for the U.N. ambassador. Tony also talks about how Scott Pressler thinks the Democrats will be fired up this year and next. Hour 2 Segment 1 Tony starts the second hour of the show talking about an article that says Tren de Aragua is a military incursion. Hour 2 Segment 2 Tony starts his Friday audio dump starting with Vice President J.D. Vance going to Greenland, Tim Walz on old white guys running the country, and Robert F. Kennedy receiving help from Elon Musk. Hour 2 Segment 3 Tony talks about Senator Van Hollen talking about DOGE. Tony also talks about Justin Pearson and Andrew Farmer having a shouting match over Tennessee gun laws. Tony also talks about how Tim Walz wants a shadow government. Hour 2 Segment 4 Tony wraps up the second hour of the show talking about DOGE and political violence. Hour 3 Segment 1 Tony starts the final hour of the show talking about vaccines and herd immunity as illegal immigrants bring in measles. Tony also talks about the Biden administration lost immigrant children, and we still don’t know where they are. Hour 3 Segment 2 Tony talks about Mississippi ending their income tax. Hour 3 Segment 3 Tony talks about an 84-year-old Wisconsin man arrested for a murder he committed 50 years ago after investigators found DNA on his stocking cap he left behind. Tony also talks about Pam Bondi speaking on the arrest of a Nevada man in connection to the violent Las Vegas Tesla arson attack. Later, Tony talks about how Democrats planned for Joe Biden to withdraw from the presidential race or die in office as far back as 2023 from an upcoming book, “Fight: Inside the Wildest Battle for the White House.” Hour 3 Segment 4 Tony wraps up another edition of the show talking about how Eric Swalwell doesn’t want Vice President J.D. Vance in Greenland. See omnystudio.com/listener for privacy information.

In a move that says just as much about the state of the steel industry as the automotive industry, Cleveland-Cliffs has confirmed that it will lay off 600 workers from its Dearborn Works facility in Michigan.Cleveland-Cliffs is the 4th largest steel maker in the United States, and shipped out record volumes to automotive in 2023.

The Daily Business and Finance Show - Saturday, 22 March 2025 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days! Please click here for more info: Subscribe to Seeking Alpha Premium News Today's headlines: Cleveland-Cliffs to idle two Minnesota steel plants, laying off 630 workers UAE pledges $1.4T investment in U.S. after Trump meeting Nvidia decline after GTC shows growing investor disconnect: Barron's Tesla shorts have reportedly made $16.2B as the stock plunged nearly 50% Trump's next tariffs to be more targeted than he has threatened: report Starbucks' master plan to return to its coffeehouse vibe is showing signs of paying off Boeing needed the F-47 win Florida to weigh proposal to end property taxes Explanations from OpenAI ChatGPT API with proprietary prompts. This podcast provides information only and should not be construed as financial or business advice. This podcast is produced by Klassic Studios Learn more about your ad choices. Visit megaphone.fm/adchoices

The Daily Business and Finance Show - Friday, 21 March 2025 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days! Please click here for more info: Subscribe to Seeking Alpha Premium News Today's headlines: Boeing spikes, Lockheed slumps as Trump awards key fighter jet contract FCC chair says he intends to stop M&A deals from companies with DEI policies: report Cleveland-Cliffs to idle two Minnesota steel plants, laying off 630 workers U.S. Air Force's next-generation fighter jet: What's at stake for Lockheed and Boeing? Wall Street ekes out gain, halts four-week losing run Nvidia decline after GTC shows growing investor disconnect: Barron's D-Wave Quantum files to sell 5M shares of common stock for holders Nike's soft guidance weighs on footwear and athletic apparel stocks Explanations from OpenAI ChatGPT API with proprietary prompts. This podcast provides information only and should not be construed as financial or business advice. This podcast is produced by Klassic Studios Learn more about your ad choices. Visit megaphone.fm/adchoices

Former State Senator Justin Eichorn made his first appearance in court since being arrested Monday for attempting to solicit a minor. And Cleveland-Cliffs says it plans to lay off about 600 workers at two taconite mines on the Iron Range. Those stories and more in today's evening update from MPR News. Hosted by Emily Reese. Music by Gary Meister.

After two straight days of losses on Wall Street, Carl Quintanilla and Jim Cramer led off the show with market reaction to tamer-than-expected February CPI -- and what tariffs could mean for inflation. The anchors also weighed in on chip stocks leading a tech sector rebound. At CNBC's Converge conference in Singapore, David Faber interviewed Alibaba Chairman Joe Tsai about tariffs, China's President Xi and the Chinese consumer. Cleveland-Cliffs CEO Lourenco Goncalves joined Jim and Carl at Post 9 to discuss President Trump's steel tariffs going into effect. Also in focus: Goldman Sachs lowers its S&P 500 target, Morgan Stanley cuts its Apple price target, President Trump defends Elon Musk and touts Tesla cars.Squawk on the Street Disclaimer

Vital Knowledge's Adam Crisafulli breaks down the market action. We dive into key earnings from Caesars, Intuit, Workday, and First Solar. Plus, Cleveland-Cliffs CEO Lourenco Goncalves on tariffs and the Nippon/US Steel deal while Intuit COE Sasan Goodarzi talks tax season and AI. Melius Research's Ben Reitzes on what to expect from Nvidia as DeepSeek's progress rattles AI investors. Wedbush's Nick Setyan joins to analyze Cava's results.

EXKLUSIVER NordVPN Deal ➼ https://nordvpn.com/Wallstreet Jetzt risikofrei testen mit einer 30-Tage-Geld-zurück-Garantie! +++ Alle Rabattcodes und Infos zu unseren Werbepartnern findet ihr hier: https://linktr.ee/wallstreet_podcast +++ Ein Podcast - featured by Handelsblatt. Investoren hoffen, dass die Quartalszahlen von NVIDIA am Mittwoch nach dem Closing das Schiff im Tech-Sektor herumreißen kann. Eine im Vorfeld der Zahlen positive Tendenz der Wall Street wäre somit nicht erstaunlich. Fest steht allerdings nur eines – die Aktie wird nach den Ergebnissen eine Schwankung von 9% in die ein oder andere Richtung sehen. Es wird ein wilder Ritt! Die Reaktionen auf die heutigen Quartalszahlen fallen gemischt aus. Zoom, Planet Fitness und Cleveland-Cliffs tendieren schwächer. Die Aktien von Hims & Hers Health brechen ein, weniger wegen der Zahlen, sondern wegen einer Meldung der FDA. Der Podcast wird vermarktet durch die Ad Alliance. Die allgemeinen Datenschutzrichtlinien der Ad Alliance finden Sie unter https://datenschutz.ad-alliance.de/podcast.html Die Ad Alliance verarbeitet im Zusammenhang mit dem Angebot die Podcasts-Daten. Wenn Sie der automatischen Übermittlung der Daten widersprechen wollen, klicken Sie hier: https://datenschutz.ad-alliance.de/podcast.html

Invesco's Kristina Hooper and Hennion & Walsh's Kevin Mahn join to discuss the market. TIAA's Neel Mukherjee breaks down the U.S. vs. global investing landscape — and why he still prefers the U.S.  Taylor Morrison CEO Sheryl Palmer weighs in on homebuilders and the recent spate of weak data. Plus, Hamilton Lane Co-CEO Erik Hirsch on private markets and IPOs. Earnings from Zoom, Diamondback Energy and Cleveland-Cliffs. 

European bourses mostly firmer with clear outperformance in the DAX 40 after CDU/CSU wins the German election; US futures gain.EUR firmer post-German election, but off best levels, USD mixed vs. peers.Two-way action in Bunds as Merz secures the Chancellery but a blocking minority exists, Gilts await BoE speak.Crude flat, precious metals mixed, and base metals mostly lower amid tariff woes.Looking ahead, US National Activity Index, Speakers including BoE's Ramsden, Dhingra & BoC's Gravelle, Supply from the US, Earnings from Domino's Pizza, Him & Hers, Riot Platforms, Tempus AI, Cleveland Cliffs & Zoom.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

APAC stocks began the week mixed after last Friday's sell-off on Wall St and amid holiday-quietened trade with Japanese markets closed for the Emperor's Birthday, while participants also reflected on the results from Sunday's German election.DAX futures rallied by 1%, Bund futures marginally softened, EUR/USD outperformed and reclaimed the 1.0500 handle as Germany's CDU/CSU won the election on Sunday with a Grand coalition possible; far-right AfD came second.US President Trump said on Friday that he spoke with Chinese President Xi on fentanyl. US President Trump's team is reportedly pushing Mexico towards tariffs on Chinese imports, according to Bloomberg.Ukrainian President Zelensky said the issue of elections is a step to apply pressure on Ukraine and he is willing to quit the presidency if it means peace in Ukraine which he said could be exchanged for NATO membership.European equity futures indicate a higher cash market open with Euro Stoxx 50 futures up 0.7% after the cash market closed with gains of 0.3% on Friday.Looking ahead, highlights include German Ifo Expectations, US National Activity Index, Speakers including BoE's Lombardelli, Pill, Ramsden, Dhingra & BoC's Gravelle, Supply from the EU & US, Earnings from Domino's Pizza, Him & Hers, Riot Platforms, Tempus AI, Cleveland Cliffs & Zoom.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Cleveland-Cliffs is not just a local household name in Northeast Ohio manufacturing and economic development. It is North America's largest flat-rolled steel producer and the largest supplier of automotive-grade steel in the nation. Since 2014, Lourenco Goncalves has been Chairman, President and Chief Executive Officer of Cleveland-Cliffs. Mr. Goncalves successfully led four major company acquisitions beginning with AK Steel in March 2020, followed by the acquisition of ArcelorMittal USA in December 2020, Ferrous Processing and Trading Company in November 2021 and most recently Canadian-based Stelco Holdings Inc. in November 2024.rnrnIn 2023, Cleveland-Cliffs offered to buy Pittsburgh-based U.S. Steel in a merger that would have cement Cleveland-Cliffs as the nation's largest steelmaker--bringing more jobs and opportunity to the region. Instead, U.S. Steel rejected the offer in favor of a higher bid from Japanese firm Nippon Steel. President Biden blocked the merger in January, citing national security concerns, specifically the belief that U.S. Steel should remain an American-owned company to support the domestic steel production and strengthen U.S. supply chains. President Trump has also opposed Nippon's acquisition of U.S. Steel.

Concurrent PepsiCo weet minder producten te slijten bij de Amerikaanse burger. McDonalds ziet uitzonderlijke krimp van verkopen in de VS. Maar in de ogen van Coca Cola heeft de consument daar zeker niet de hand op de knip. Sterker nog, Amerika is een van de grote groeimarkten van het drankenbedrijf. De topman zegt dat hij niet één strategie kan aanwijzen waar dat door komt, maar hij geeft toch een klein geheim prijs: de kleine blikjes. Hoe dat kleine blikje Coca-Cola miljarden oplevert, dat hoor je in deze uitzending. Daarin hebben we het ook over BP. De Britse oliereus heeft een probleem: de winst. Die daalde afgelopen jaar met ruim 60 procent. Toch houdt de topman zijn hoofd en dat van beleggers koel. Want hij zegt een herstelplan te hebben. Wat dat is, dat houdt hij nog even voor zichzelf. Het gaat ook over het bizarre bod van Elon Musk. Voor een kleine 100 miljard dollar wil hij OpenAI - het bedrijf achter ChatGPT - kopen. Nog nooit zei iemand zo snel 'nee'. Dacht Musk echt dat OpenAI de boel zou verkopen? Of kickt Musk op afwijzingen? See omnystudio.com/listener for privacy information.

Chris Thom, CEO & portfolio manager at Moat Financial, shares his top stock picks; Suncor, General Motors and Cleveland Cliffs.

Nieuwe week, nieuwe importheffingen. Toch krijgt Donald Trump beleggers er deze keer niet meer onder. Hij kondigt aan dat hij al het staal en aluminium dat de VS binnenkomt met 25 procent extra gaat belasten. Maar echt reageren op dat slechte nieuws, doen beleggers in Europese staalbedrijven niet. Moeten we die aankondigingen van Trump nog serieus nemen? Of is het een loos dreigement, dat met een beetje onderhandelen binnen een paar dagen weer van tafel is? Dat hoor je in deze aflevering. Dan vertellen we je ook dat je je Frans bij moet gaan spijkeren. Want president Macron is degene die de sprong in het diepe waagt, en ruim 100 miljard euro investeert in AI. Hij noemt het zijn equivalent van het Amerikaanse Stargate. Maar in omvang is het toch nèt wat kleiner. Je hoort ook over BP. Het Britse oliebedrijf heeft een nieuwe partner waar het niet blij mee is. Activistische aandeelhouder Elliott vindt dat er van alles moet gebeuren binnen het bedrijf. BP moet volgens Elliott minder doen alsof het groene vingers heeft, en meer inzetten op ouderwets olie en gas. En we hebben het over McDonalds. Je zou denken dat het de Amerikanen zijn die de omzet een stevige hand helpen, maar niks is minder waar. De fastfoodketen ziet een uitzonderlijke daling in verkopen in de VS.See omnystudio.com/listener for privacy information.

"PREVIEW: BUTLER COUNTY: Colleague Salena Zito reports that Lourenco Goncalves, CEO of Cleveland-Cliffs, is the second bidder for U.S. Steel and is ready to complete the offer once Nippon Steel steps away . More tonight." 1890 Erie Railroad

Chris questions the national security concerns raised over Nippon Steel's bid to purchase US Steel, arguing the reasoning lacks clarity. He highlights that Nippon Steel, a Japanese-based private company, offers a higher bid and promises to revitalize U.S. plants, unlike Cleveland Cliffs, the domestic competitor. Markowski critiques the lack of transparency in the decision-making process and challenges the narrative about threats to supply chains and infrastructure. He calls for deeper scrutiny and critical thinking on policies affecting competition and economic growth. www.watchdogonwallstreet.com

US futures are pointing to a higher open today. European equity markets have opened in the positive territory, following mixed levels in Asian markets. Trump's economic team considering staggering tariffs on month-to-month basis to boost negotiating leverage and avoid inflation spike. While potential for more targeted approach could be good news for market sentiment, uncertainty remains.Companies mentioned: Cleveland-Cliffs, Nucor, Howard Hughes Holdings, Glacier Bancorp

Het cijferseizoen staat voor de deur. De Amerikaanse grootbanken staan te trappelen om hun resultaten over het afgelopen jaar te presenteren. We blikken uitgebreid vooruit op de komende weken. Je hoort op welke aandelen je moet letten en welke bedrijven (niet) gaan stunten. Ook hebben we het over de EU. Al een jaar lang onderzoeken ze in Brussel de Amerikaanse tech-reuzen. Meta, Google en Apple moeten vrezen voor mega-boetes. Of toch niet, want volgens de Financial Times gaan ze al die onderzoeken ineens heroverwegen. Europa zweert dat het niet komt door de overwinning van Trump, maar toch lijkt het erop dat het geslijm van de tech-bazen heeft geholpen. Deze aflevering hoor je wat het voor je tech-aandelen betekent, dat die onderzoeken mogelijk van tafel gaan. Ook hebben we het over de Amerikaanse economie. Trump erft een goed draaiende economie, zeggen economen. Ze roepen hem op om vooral niet zijn hervormingen door te voeren. Want dan kan het breken. Tot slot hoor je meer over de TikTok-soap, de overname-soap van US Steel en de beursgang van Klarna. Dat een deal heeft gesloten met een Adyen-concurrent. See omnystudio.com/listener for privacy information.

Carl Quintanilla, Jim Cramer and David Faber explored what to make of tech sector weakness following Friday's sell-off. The anchors also reacted to comments Mark Zuckerberg  made on Joe Rogan's podcast. The Meta CEO slammed Apple and weighed in on "masculine energy." At the J.P. Morgan Healthcare Conference in San Francisco, Jim discussed his CEO lineup for Monday's night's "Mad Money" as well as the challenges facing the health care sector. Also in focus: Johnson and Johnson to acquire drugmaker Intra-Cellular Therapies for $14.6 billion, Moderna plunges on weak 2025 sales guidance, California wildfires impact, sources tell David that Cleveland-Cliffs is partnering with Nucor in a potential bid for U.S. Steel.Squawk on the Street Disclaimer   

This Day in Legal History: US Recognizes Castro GovernmentOn January 7, 1959, the United States formally recognized the new Cuban government led by Fidel Castro. This recognition followed the revolutionary forces' ousting of Cuban dictator Fulgencio Batista on January 1, 1959. The U.S. move reflected an initial acceptance of the political change in Cuba, as Batista's regime had become widely criticized for corruption and authoritarianism. Castro's rise to power was initially seen by some in the U.S. as a potential opportunity for reform and modernization in Cuba. However, underlying tensions between the two nations soon began to surface.As Castro consolidated power, his government initiated sweeping land reforms and began nationalizing industries, including those with significant American investments. These actions created friction with U.S. business interests and policymakers. By 1960, relations deteriorated further when Cuba aligned itself with the Soviet Union, entering the Cold War as a communist ally. The U.S. responded with economic sanctions, including a trade embargo, which severely strained diplomatic ties.The growing ideological divide culminated in January 1961, when President Dwight D. Eisenhower severed formal diplomatic relations with Cuba. Shortly thereafter, the failed Bay of Pigs invasion and the Cuban Missile Crisis deepened hostilities. The recognition on January 7, 1959, marked the beginning of a complex and adversarial relationship that would define U.S.-Cuban interactions for decades. This moment remains a pivotal turning point in the history of both nations, highlighting the geopolitical struggles of the Cold War era.Former President Donald Trump lost a bid to delay his sentencing in the Manhattan hush money case, despite his legal team's arguments citing presidential immunity and his upcoming January 20 inauguration. Judge Juan Merchan, who previously scheduled sentencing for January 10, rejected the request, stating that Trump's motion repeated past arguments and emphasizing the need for finality in criminal proceedings. The judge noted he was not inclined to impose jail time, instead considering an unconditional discharge, which would mark a conviction without additional penalties.The case involves a $130,000 payment made by Trump's former lawyer, Michael Cohen, to adult film actor Stormy Daniels to silence her claims of an affair with Trump before the 2016 election—a claim Trump denies. Trump was found guilty in May 2024 on 34 felony counts of falsifying business records related to concealing this payment. His lawyers' appeals to dismiss the case, including citing the Supreme Court's ruling on presidential immunity for official acts, have been rejected as the charges pertain to Trump's personal conduct.Prosecutors argued against the delay, stressing the public interest in timely prosecution. This case marks the first time a U.S. president, sitting or former, has been convicted of a crime. Trump's legal team previously claimed that the case impedes his ability to govern, but the court maintained that upholding the jury's verdict is vital to the rule of law.Trump loses bid to delay sentencing in hush money case as he appeals | ReutersU.S. Steel and Nippon Steel have filed lawsuits against President Joe Biden's administration over its decision to block Nippon Steel's $14.9 billion bid to acquire U.S. Steel, alleging the national security review process was politically influenced. The companies claim Biden prejudged the outcome to gain political favor with the United Steelworkers (USW) union ahead of the presidential election, violating their right to a fair review. They seek a federal court's intervention to overturn the decision and enable a new, impartial review.The merger was controversial, with both Biden and former President Donald Trump opposing the deal to keep U.S. Steel American-owned. Biden's administration cited national security concerns, while the companies argue the Committee on Foreign Investment in the U.S. (CFIUS) failed to conduct a proper review. U.S. Steel and Nippon Steel also filed a separate lawsuit against rival Cleveland-Cliffs, its CEO, and the USW for allegedly colluding to block the deal and monopolize the domestic steel market.The lawsuits accuse CFIUS staff of barring negotiations on a security agreement and allege the review process was manipulated to align with Biden's predetermined opposition. Cleveland-Cliffs CEO Lourenco Goncalves and the USW deny the allegations, calling the lawsuits baseless. Despite Biden's decision, U.S. Steel's stock rose, as the company remains an attractive acquisition target amidst falling profits and revenues.U.S. Steel, Nippon sue Biden administration over decision to block merger | ReutersOn January 6, Congress officially certified Donald Trump's 2024 presidential election victory without objections, marking a stark contrast to the events of January 6, 2021, when a mob stormed the Capitol to disrupt the certification of Joe Biden's victory. Kamala Harris, the outgoing vice president and Trump's defeated Democratic opponent, presided over the ceremony, emphasizing the "sacred obligation" of the peaceful transfer of power in American democracy. Security at the Capitol was unprecedented, with heavy fortifications, bomb squads, snipers, and reinforcements from law enforcement agencies across the country. However, the atmosphere outside was calm due to a massive snowstorm that emptied the streets of Washington, D.C.During the session, Harris received state certifications of electoral votes and announced Trump's 312-vote victory total. Unlike the contentious 2020 certification process, no Democratic lawmakers objected. Trump decisively won both the popular vote and key swing states, defeating Harris, who had replaced Biden as the Democratic nominee after his withdrawal.The 2024 certification was designated a "national special security event," reflecting lessons learned from the violent 2021 attack. That event, which left numerous police officers injured and one dead shortly after, remains a symbol of threats to democracy. Trump, now reelected, has vowed to pardon those convicted in the 2021 Capitol attack, describing them as "patriots."Trump Declared Election Winner in Ceremony Four Years After Riot This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

US Steel and Nippon Steel have filed lawsuits in Washington in a bid to overturn last week's decision by the Biden administration to block their planned merger. In a scathing statement, the steelmakers accused the outgoing president of making the move for political gain. They also sued the USW union and rival bidder Cleveland-Cliffs, accusing them of colluding to kill the deal to try to monopolise the US steel industry. Also in this edition: a 276 kg bluefin tuna fetches €1.2 million at a New Year's auction in Japan. 

Nippon Steel and U.S. Steel initiated legal proceedings against the Biden administration to contest its decision to block their $15 billion merger. They filed a lawsuit in the U.S. Court of Appeals for the District of Columbia, arguing the decision reflected political motivations and infringed on their due process rights. The companies claimed that the merger would enhance U.S. national security by revitalizing communities reliant on American steel and bolstering the domestic supply chain against international competition, particularly from China. Nippon Steel pledged a $2.7 billion investment in U.S. Steel's facilities in Indiana and Pennsylvania and stated that it would not reduce production capacity without government approval. President Biden's decision stemmed from a deadlock among federal regulators over the deal's national security implications, marking the first instance of a U.S. president blocking a merger with a Japanese firm. Additionally, Nippon Steel and U.S. Steel filed legal action in Pennsylvania against Cleveland-Cliffs Inc. and its CEO for alleged anticompetitive practices aimed at obstructing the merger, which followed Cleveland-Cliffs' previous $7 billion offer for U.S. Steel.Learn more on this news visit us at: https://greyjournal.net/ Hosted on Acast. See acast.com/privacy for more information.

Julie is the Executive Director of Mining Minnesota. Julie leads a coalition of community and industry leaders who advocate for responsible production of mineral resources in Minnesota. Julie previously served as the Environmental Manager of Cleveland-Cliffs' Hibbing Taconite operation, shepherding Minnesota's second largest iron mining and processing facility through environmental permitting and operational compliance. She then guided the water resources program for Twin Metals Minnesota as the Director of Water Resources, including oversight of surface water, groundwater, and wetlands baseline studies and project modeling.

Daniel Bauder, President of the Philadelphia Council AFL-CIO, joined the America's Work Force Union Podcast to discuss his journey to becoming the fourth president in the labor council's history. He also discussed their canvassing efforts and the vital role he believes central labor councils hold in the future of organized labor. Pat Gallagher, President of the North Coast Area Labor Federation, joined the America's Work Force Union Podcast to discuss their canvassing campaign as the November election approaches and the engagement from Local affiliates. He also discussed Cleveland-Cliffs' acquisition attempt of Stelco.

Option trading podcast Episode 345 October 18, 2024 Welcome to The Weekly Option, a weekly program that offers practical trades and discussion for beginners and professionals alike.   The topic of the week is thinking you know.   In this week's show, we will cover the trades from last week on Beyond Meat Inc, Cleveland Cliffs… Continue reading Episode 345 Option Trading Podcast October 18, 2024

While corporate leaders from across the world were praising President Joe Biden's climate and clean energy accomplishments at New York Climate Week, they were hesitant to talk about what a new Trump or Harris administration might mean for their businesses. POLITICO's Zack Colman takes the temperature of the corporate energy world ahead of the upcoming presidential election. Plus, the Energy Department announced this week that it's awarding Cleveland-Cliffs $9.5 million to begin the first phase of its low-carbon steel project in Ohio. Zack Colman covers climate change for POLITICO.  Josh Siegel is an energy reporter for POLITICO.  Nirmal Mulaikal is a POLITICO audio host-producer.  Annie Rees is the managing producer for audio at POLITICO. Gloria Gonzalez is the deputy energy editor for POLITICO.  Matt Daily is the energy editor for POLITICO. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Learn more about your ad choices. Visit megaphone.fm/adchoices

It's the Friday news roundup! Things are heating up again over the potential sale of U.S. Steel to Nippon Steel, based in Japan. As a federal review continues, President Biden looks poised to block the acquisition. Meanwhile, company executives are hosting rallies Downtown. Pittsburgh City Council signed off on a new eviction protection program for renters, former mayor Bill Peduto's twitter got hacked, and with all the political candidates cycling through Western Pennsylvania, there were sure to be haters over Tim Walz's recent MilkShake Factory order. If you have any U.S. Steel tea or want to add something we shared, please call or text us at 412-212-8893. We always cite our sources: While President Biden's ready to block Nippon Steel's acquisition of U.S. Steel, the CEO U.S. Steel said that without the sale, thousands of jobs will be at risk, and the company's headquarters might need to leave Pittsburgh. In a recent visit, VP and presidential candidate Kamala Harris said that U.S. Steel should remain American-owned and American-operated.  About 400 U.S. Steel employees rallied Downtown in support of the sale, but the union's previously joined lawmakers in opposing the deal. The union supported a $7.3B offer from Cleveland-Cliffs, but U.S. Steel turned down the offer saying it was “unreasonable.”  The union's concerned about loopholes in the current agreement, including one that lets Nippon Steel abandon promises in the case of “unanticipated or significant downturn in business conditions.” But for now, Nippon Steel committed to making $2.7B in improvements to our steel mills. City Council approved $2 million from the Stop the Violence fund to assist renters facing eviction. This is an expansion of a pilot program that prevented evictions in about three out of four cases. If you're looking for a new rental unit, there are six things you need to know before you sign a lease, and if you get in a dispute with your landlord, there's other options besides going to court like mediation. Neighbors living in a Highland Park duplex have been in a battle to one-up each other's political lawn signs, and it's getting intense this election season. Political candidates are dropping big bucks in our state! AdImpact shows a combined $350M spent in PA. The most money was spent in Philly, but Pittsburgh came in second, with $83M put in our local market.  VP candidate Tim Walz's visit to Western PA included a stop at the MilkShake Factory and a farm in Fayette County.  Learn more about the sponsors of this September 6th episode: Pittsburgh Cultural Trust Pittsburgh Recovery Walk Babbel Become a member of City Cast Pittsburgh at membership.citycast.fm. Want more Pittsburgh news? Sign up for our daily morning Hey Pittsburgh newsletter. We're also on Instagram @CityCastPgh! Interested in advertising with City Cast? Find more info here. Learn more about your ad choices. Visit megaphone.fm/adchoices

Here's a look at the top headlines from around the Northland for Friday, Sept. 6, 2024. Stories featured in this episode: Judge sides with Mesabi Metallics in antitrust case against Cleveland-Cliffs  Sold-out Minnesota Mile returns on Friday Best Bets: Grand Rapids Riverfest The Duluth News Tribune Minute is a product of Forum Communications Company and is brought to you by reporters at the Duluth News Tribune, Superior Telegram and Cloquet Pine Journal. Find more news throughout the day at duluthnewstribune.com. If you enjoy this podcast, please consider supporting our work with a subscription at duluthnewstribune.news/podcast. Your support allows us to continue providing the local news and content you want.

Noticias Económicas y Financieras Ahora que la Reserva Federal está ganando confianza en que la inflación se encamina hacia su objetivo del 2%, el lado del empleo del mandato dual del banco central ha cobrado protagonismo. Eso pone el informe de empleo de hoy en el centro de atención y puede ayudar a los responsables de la política del FOMC a decidir en cuánto recortar su tasa de referencia en la próxima reunión de la Fed. La reunión, muy seguida por todos, se celebrará dentro de solo dos semanas y es uno de los últimos puntos de datos restantes antes de esa fecha, junto con la lectura del IPC de la semana que viene. Seven & i (OTCPK:SVNDY), el propietario japonés de las tiendas 7-Eleven, ha rechazado una oferta de adquisición de $39B de la firma canadiense Alimentation Couche-Tard (ATD:CA) por considerar que la propuesta era demasiado baja. Couche-Tard, que opera las tiendas de conveniencia Circle K, ofreció adquirir Seven & i por 14.86 dólares por acción en efectivo, en una transacción que la habría convertido en el mayor objetivo japonés de una compra extranjera. Seven & i dijo que la oferta "subestima enormemente" su trayectoria independiente y no "reconoce adecuadamente" los desafíos que enfrentaría el acuerdo por parte de los reguladores de la competencia de Estados Unidos. Con el objetivo de mejorar la seguridad de los trabajadores, la gobernadora de Nueva York, Kathy Hochul, ha firmado una nueva ley que exige que los minoristas con más de 500 empleados añadan botones de pánico en todas las ubicaciones del estado para 2027. "Las soluciones en tiempo real de esta ley salvarán vidas y harán que las compras sean más seguras para todos", dijo el Sindicato de Minoristas, Mayoristas y Grandes Almacenes. Sin embargo, la industria no está convencida de la eficacia de los botones de pánico, y Walmart $WMT se opone a ellos por temor a falsas alarmas. La Oficina de Asuntos Comunitarios del Departamento de Policía de Nueva York dijo anteriormente que las llamadas al 911 serían más útiles para comunicarse con las fuerzas del orden. Las llaves de Paramount Global $PARA finalmente caerán en manos de Larry Ellison, el multimillonario cofundador de Oracle $ORCL. Será posible gracias a una serie de fideicomisos y empresas después de que un grupo liderado por la firma de su hijo David, Skydance Media, se hiciera cargo del imperio Redstone. Mientras tanto, Shari Redstone, actual presidenta y accionista mayoritaria de Paramount, se embolsará $180M en indemnizaciones y otros beneficios, además de unos $350M por la venta de su participación del 20% en el acuerdo de Skydance.

Cleveland-Cliffs CEO Lourenco Goncalves says in an exclusive interview with Closing Bell Overtime that the offer for US Steel is still on the table and he is working with JPMorgan and Wells Fargo on a plan. L3Harris CEO Chris Kubasik talks global threat levels, disruption in the defense sector and what impact the 2024 election will have. Secureworks CEO Wendy Thomas on what a possible deal for the company would look like. Plus, Bernstein's Stacy Rasgon reacts to Broadcom earnings. 

Welcome to the daily304 – your window into Wonderful, Almost Heaven, West Virginia.   Today is Saturday, July 27, 2024. Cleveland-Cliffs' expansion in Weirton brings reemployment opportunities to former steel workers…the WV Film Office is back with a mission and an investment in a filmmaking degree program…and from lumberjacks to flapjacks, the Mountain State Forest Festival offers a week's worth of fu …on today's daily304. #1 – From METRO NEWS –  Cleveland-Cliffs Inc. has announced that it will establish a new electrical distribution transformer production plant in Weirton, giving new life to a site location that had been idled. The manufacturer's downstream direct investment in Weirton will address the critical shortage of distribution transformers that is stifling economic growth across the United States. The announcement highlights Cleveland-Cliffs' investment to repurpose its Half Moon Warehouse in Weirton to commence production of three-phase distribution transformers used in electric power distribution systems. Cliffs expects the new plant to come online in the first half of 2026. A job fair this past spring for Cleveland-Cliffs' 900 workers included opportunities with manufacturers like Form Energy, the cutting edge battery factory setting up in Weirton, and Nucor Steel. Now, the new investment will result in reemployment opportunities for 600 United Steel Workers-represented workers from the indefinitely idled Weirton tinplate mill. Read more: https://wvmetronews.com/2024/07/22/weirtons-cleveland-cliffs-idled-site-to-be-reborn-as-distribution-transformers-production-plant/   #2 – From WV PUBLIC – Tijah Bumgarner had a passion for video cameras and making short videos from a young age. But she left West Virginia and headed for Los Angeles in 2004 where she discovered what the world of filmmaking could offer.  After years of creating independent films, she saw the opportunities a film program in West Virginia could offer other aspiring filmmakers. A native of Meadow Bridge, Bumgarner had been trying to create a university film program since 2017, but recently found success due to changes in tax credits and renewed interest in video production at Marshall University's College of Arts and Media. The West Virginia Film Office is working to foster homegrown filmmakers by partnering with Marshall on the creation of a Bachelor's Degree of Fine Arts in Filmmaking, making it the only university in the state to have this kind of program.  The office also offers a website that lets production companies browse a library of shooting locations within the state, a resource for finding crew members in all available positions and tax credit information through an industry sheet.  Read more: https://wvpublic.org/there-and-back-again-how-w-va-s-film-office-is-back-with-a-mission/?es_id=e79cf788cd   #3 – From FOREST FESTIVAL – Save the date! This year's Mountain State Forest Festival takes place Sept. 28 to Oct. 6 in Elkins. The event is one of the largest and oldest festivals in West Virginia, continuing to promote the beauty and splendor of our mountains and valleys in all their autumn glory and promoting prudent development, conservation and culture of our abundant natural resources for the future. Events include a lumberjack contest, car show, arts and craft show, parade, 10K race, live music and more.  Learn more: https://www.forestfestival.com/   Find these stories and more at wv.gov/daily304. The daily304 curated news and information is brought to you by the West Virginia Department of Commerce: Sharing the wealth, beauty and opportunity in West Virginia with the world. Follow the daily304 on Facebook, Twitter and Instagram @daily304. Or find us online at wv.gov and just click the daily304 logo.  That's all for now. Take care. Be safe. Get outside and enjoy all the opportunity West Virginia has to offer.  

Today on MetroNews This Morning: --West Virginia Democrats are lining up in unity to back Kamala Harris for the Democratic Presidential nomination--U.S. Senator Joe Manchin suggests if Harris doesn't modify her position on some issues, she'll be "beat like a drum" in the November election--Cleveland Cliffs announces plans to retool their old tin mill in Weirton to make electric transformers and save 600 jobs--In Sports: The run by Best Virginia in the TBT is over, but Herd That plays for the regional title tonight in Lexington

Tech stocks staged a turnaround to start the week, helping lead the market higher. Vital Knowledge's Adam Crisafulli and Richard Bernstein Advisors' Dan Suzuki break down the market action and what's ahead. Earnings from NXP Semi, Cadence Design, Cleveland-Cliffs, Zions and Nucor. Stifel's Tore Svanberg on what NXP numbers mean for the rest of the industry. Mark Mobius on his top plays in emerging markets. Bessemer's Byron Deeter on Silicon Valley and Kamala Harris, plus what's next for AI and cloud companies. Bitwise Asset Management founder & CEO Hunter Horsley on his spot ether ETF on the eve of its first trading day. 

Carmakers are keeping a close eye on the steel industry. A bidding war over U.S. Steel, an iconic American manufacturer, is brewing, and car companies are concerned about antitrust issues and what that could mean for the auto business. We’ll get into it and explain our new theory about why the economy feels so precarious at the moment. Plus, we’ll weigh in on side hustles, raising the retirement age and Beyonce’s rendition of Dolly Parton’s “Jolene” in a round of Half Full/Half Empty! Here’s everything we talked about today: “Automakers urge White House to oppose US Steel sale to Cleveland-Cliffs” from Reuters “Powell says Fed wants to see ‘more good inflation readings’ before it can cut rates” from AP News “Fed chair: Focusing solely on inflation is “no longer appropriate'” from Marketplace “Biology is not as hierarchical as most textbooks paint it” from Aeon “Dolly Loves Beyoncé: The Country Legend Is Wowed By The Fiercely Revised ‘Jolene'” from Deadline “LinkedIn moves in on TikTok’s turf with video option” from Axios “Owning a vending machine is an emerging side hustle” from Marketplace “Krispy Kreme doughnuts are coming to McDonald’s” from The Washington Post “Should the U.S. raise the retirement age?” from Marketplace We love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Carmakers are keeping a close eye on the steel industry. A bidding war over U.S. Steel, an iconic American manufacturer, is brewing, and car companies are concerned about antitrust issues and what that could mean for the auto business. We’ll get into it and explain our new theory about why the economy feels so precarious at the moment. Plus, we’ll weigh in on side hustles, raising the retirement age and Beyonce’s rendition of Dolly Parton’s “Jolene” in a round of Half Full/Half Empty! Here’s everything we talked about today: “Automakers urge White House to oppose US Steel sale to Cleveland-Cliffs” from Reuters “Powell says Fed wants to see ‘more good inflation readings’ before it can cut rates” from AP News “Fed chair: Focusing solely on inflation is “no longer appropriate'” from Marketplace “Biology is not as hierarchical as most textbooks paint it” from Aeon “Dolly Loves Beyoncé: The Country Legend Is Wowed By The Fiercely Revised ‘Jolene'” from Deadline “LinkedIn moves in on TikTok’s turf with video option” from Axios “Owning a vending machine is an emerging side hustle” from Marketplace “Krispy Kreme doughnuts are coming to McDonald’s” from The Washington Post “Should the U.S. raise the retirement age?” from Marketplace We love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Carmakers are keeping a close eye on the steel industry. A bidding war over U.S. Steel, an iconic American manufacturer, is brewing, and car companies are concerned about antitrust issues and what that could mean for the auto business. We’ll get into it and explain our new theory about why the economy feels so precarious at the moment. Plus, we’ll weigh in on side hustles, raising the retirement age and Beyonce’s rendition of Dolly Parton’s “Jolene” in a round of Half Full/Half Empty! Here’s everything we talked about today: “Automakers urge White House to oppose US Steel sale to Cleveland-Cliffs” from Reuters “Powell says Fed wants to see ‘more good inflation readings’ before it can cut rates” from AP News “Fed chair: Focusing solely on inflation is “no longer appropriate'” from Marketplace “Biology is not as hierarchical as most textbooks paint it” from Aeon “Dolly Loves Beyoncé: The Country Legend Is Wowed By The Fiercely Revised ‘Jolene'” from Deadline “LinkedIn moves in on TikTok’s turf with video option” from Axios “Owning a vending machine is an emerging side hustle” from Marketplace “Krispy Kreme doughnuts are coming to McDonald’s” from The Washington Post “Should the U.S. raise the retirement age?” from Marketplace We love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.