Trump Is Praising His U.S. Steel Deal. No One Is Sure What It Means

Investors, steelworkers and political leaders await details from the president ahead of his Friday rally planned at a U.S. Steel mill near Pittsburgh.

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Retailers Flex Their Vocabulary to Warn of Potential Tariff-Driven Price Hikes

Retailers are walking a tightrope to convey they're looking to raise prices without actually saying they're raising prices.

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Judge Considers Curbs for Google in AI Arms Race

Lawyers began making closing arguments Friday in a landmark antitrust case over the online search market and future of AI.

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NatWest Returns to Private Ownership as U.K. Government Completes Exit

The Treasury received a total of £35.0 billion from its shareholding in the company, or £10.5 billion less than what it paid in the bailout.

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Azul Gets First-Day U.S. Court Approvals in Chapter 11 Process

The court granted approval for the Brazilian airline operator to access $250 million of its $1.6 billion debtor-in-possession financing.

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HSBC Retreats From Banking Smaller U.S. Businesses

HSBC is disbanding a division that serves small and medium-size companies in the U.S., part of a push to focus on markets where it has an edge.

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Nippon Steel to Invest $6 Billion to Cut Carbon Emissions

The Japanese steelmaker said the investment in electric arc furnaces will increase production capacity while significantly reducing emissions.

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EOG Resources to Buy Encino Acquisition Partners for $5.6 Billion

EOG Resources has agreed to buy Encino Acquisition Partners for $5.6 billion, extending its acreage in Ohio's Utica Shale.

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Shoe Carnival Backs Guidance, Plans Focus on Premium Brands

Shoe Carnival said it would boost its investment in its Shoe Station banner in an effort to focus more on premium brand shoes, and the company also maintained its outlook for the year.

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EssilorLuxottica to Buy Optegra in Medical AI Push

The eyewear group said the deal further expands its reach beyond Ray-Bans, frames and lenses into AI-powered technologies and science-backed eyecare solutions.

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Out of DOGE, Elon Musk Returns to His Bruised Business Empire

Elon Musk is ready to get obsessed with his companies again. There's a lot for him to contend with at Tesla, SpaceX and xAI.

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Deere's Plans for Offsetting $500 Million in Tariff Costs

The farm equipment maker looks into tweaking its supply chain and raising prices as it navigates new levies.

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Costco to Rely on Advancing Orders, Production Shifts to Offset Tariffs

The warehouse-club chain is taking steps to reduce its exposure to tariffs by pulling orders forward and moving sourcing of private-label products to the regions where they are sold.

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SEC Dismisses Lawsuit Against Binance

The regulatory agency has been winding down Biden-era enforcement actions against crypto firms during the Trump administration.

(END) Dow Jones Newswires

May 30, 2025 15:00 ET (19:00 GMT)

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