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American steelmaking giant sold to foreign company

Japan’s Nippon Steel has agreed to buy US Steel in a takeover valued at $14.9 billion US Steel, a symbol of American industrialization and once the largest corporation on the planet, has agreed to a takeover by Japan’s Nippon Steel in a $14.9 billion deal that lawmakers from both of Washington’s major political parties have…

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More oil shippers halt passage via Red Sea due to rebel attacks

British energy giant BP is temporarily suspending all crude shipments through the Red Sea due to recent attacks in the region, joining other major freight firms in the move, the company announced on Monday.

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Earthquake kills over 100 people in China (VIDEOS)

Hundreds of people have been injured and killed after a powerful 6.2 magnitude earthquake struck northwestern China a minute before midnight on Monday, according to China Earthquake Networks Center. The epicenter of the quake was located in China’s mountainous Gansu Province, where at least 100 people were killed, while the neighboring Qinghai Province reported at least 11…

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