American industrial icon US Steel is on the verge of being absorbed as industry consolidates further
Published Tue, 24 Dec 2024 02:08:39 GMT
With two bidders revealed in a matter of days and more in the wings, United States Steel Corp. — a symbol of American industrialization that for more than a century helped build everything from the United Nations building in New York City to the New Orleans Superdome — appears be on the cusp of being absorbed.Here’s what’s happened so far, and how the acquisition of U.S. Steel could reshape steelmaking globally.BIDDING WARAfter rejecting a $7.3 billion buyout proposal from rival Cleveland-Cliffs on Sunday, U.S. Steel said it was considering its next move. On Monday, industrial conglomerate Esmark offered $7.8 billion for the Pittsburgh steelmaker. Shares of U.S. Steel soared more than 30% Monday with good odds that bids for the 122-year-old steel producer will head higher. U.S. Steel says it has other offers to consider as well, and the company gave no timeline for if and when it might make any decision about selling itself.A POTENTIAL GIANTCleveland-Cliffs said its proposal, ...Union Berlin signs Germany’s Robin Gosens in club-record transfer from Inter Milan
Published Tue, 24 Dec 2024 02:08:39 GMT
BERLIN (AP) — Union Berlin has signed Germany left-back and winger Robin Gosens from Inter Milan for a club-record fee ahead of its first-ever Champions League campaign.Union announced the transfer late Tuesday without specifying the contract length or the fee involved. Both Kicker and the Süddeutsche Zeitung newspaper reported it was worth up to 15 million euros ($16.4 million), nearly double the 8.5 million euros Union reportedly paid Liverpool for Nigerian forward Taiwo Awoniyi in 2021. Awoniyi has since joined Nottingham Forest.The 29-year-old Gosens, who appeared as a substitute in last season’s Champions League final for Inter, will be playing in the Bundesliga for the first time after spending most of his career in the Netherlands and Italy.“I always said it was my dream to play in Germany and the Bundesliga one day,” Gosens said. “Union’s last few years were impressive, it was noticeable from abroad too.”Gosens, who has played 18 games for Germany, was born to a German...AUTO RACING: McDowell’s second victory in a racing jewel earns him the latest NASCAR playoff berth
Published Tue, 24 Dec 2024 02:08:39 GMT
All Times Eastern NASCAR CUP SERIES Go Bowling at the GlenSite: Watkins Glen, New York.Schedule: Saturday, practice, 12:30 p.m., and qualifying, 1:30 p.m.; Sunday, race, 3 p.m. (USA).Track: Watkins Glen International.Race distance: 90 laps, 220.5 miles.Last year: Kyle Larson won after starting second.Last race: Michael McDowell inherited the lead on Lap 53 and never trailed again as he drove the most dominant race of his career to win in Indianapolis.Fast facts: McDowell beat Chase Elliott by 0.937 seconds for his second NASCAR crown jewel victory while also securing a playoff spot. McDowell’s only other victory in 453 starts came in the Daytona 500 in 2021. … The race was under a green flag for 77 of the 82 laps. … Shane van Gisbergen, who won his Cup Series debut on the streets of Chicago, finished 10th in his second career start. … Pole-winner Daniel Suarez was third, followed by Tyler Reddick and Alex Bowman. … Non-winners outside the top 16 in poin...Oprah, Meryl Streep, Michael B. Jordan to be honored at Academy Museum Gala
Published Tue, 24 Dec 2024 02:08:39 GMT
LOS ANGELES (AP) — The Academy Museum of Motion Pictures will pay tribute to Meryl Streep, Oprah Winfrey, Michael B. Jordan and Sofia Coppola in its annual fundraising gala on Oct. 14, the museum announced Tuesday. The Academy Museum Gala has become a key fundraising event for the Los Angeles movie museum since its opening in 2021. This year’s event, the third such gala, received a greenlight from the striking actors and writers guilds. SAG-AFTRA and the Writers Guild have limited what promotion activities their members can do during the ongoing work stoppages.Streep, Winfrey, Jordan and Coppola will each be given awards celebrating their careers at the gala, which is being co-chaired by Ava DuVernay, Ryan Murphy, Halle Berry and museum trustee Eric Esrailian.“We are excited to gather again at our third annual Academy Museum Gala to celebrate the power, global impact, and indelible importance of cinema,” said Jacqueline Stewart, director and president of the Academy Museum, in...Two Connecticut deaths linked to bacteria found in raw shellfish
Published Tue, 24 Dec 2024 02:08:39 GMT
HARTFORD, Conn. (AP) — Two Connecticut residents have died this summer from infections linked to a bacteria found in raw shellfish or seawater, the state Department of Public Health said Tuesday.Three people in the state are known to have been infected with the Vibrio vulnificus bacteria, which doesn’t make an oyster look, smell or taste any different. The state Bureau of Aquaculture said it does not believe any of the infections are linked to Connecticut shellfish.Two of the three cases were wound infections not associated with seafood, the health department said, and the third infection was a Connecticut resident that consumed raw oysters not harvested from Long Island Sound at an out-of-state establishment. All three victims were between the ages of 60 to 80 and the two deaths occurred in July, the department said, adding that it’s first time Connecticut has seen a Vibrio case in three years.Connecticut is home to a thriving oyster industry, and conducts regular tests for the bac...Former 2-time All-Star Josh Harrison signs minor league deal with AL West-leading Texas Rangers
Published Tue, 24 Dec 2024 02:08:39 GMT
ARLINGTON, Texas (AP) — The AL West-leading Texas Rangers signed former two-time All-Star infielder Josh Harrison to a minor league contract on Tuesday, two weeks after he was released by the Philadelphia Phillies.Harrison hit .204 with two homers and 10 RBIs in 40 games this season for the Phillies, who designated him for assignment and then released him when making moves to clear a spot on their roster for newly acquired right-hander Michael Lorenzen.The 36-year-old Harrison is a .270 career hitter with 73 homers and 388 RBIs over 1,208 games with six different teams during his 13-year big league career. He was an National League All-Star in 2004 with Pittsburgh, when he hit a career-best .315, and was an All-Star again in 2017, when he hit .272 with 16 homers for the Pirates.Harrison began his big league career with the Pirates from 2011-18, and he has played for five teams over the past five seasons: Detroit, Washington, Oakland, the Chicago White Sox and the Pirates.___AP MLB: ...Colorado River water cuts eased for 2024, despite long-term challenges
Published Tue, 24 Dec 2024 02:08:39 GMT
WASHINGTON (AP) — Federal officials said Tuesday they will ease water cuts for Western states reliant on the Colorado River in 2024, thanks to a slightly improved outlook, but long-term challenges remain.The river serves seven U.S. states, Native American tribes and two states in Mexico. It also supports a multibillion-dollar farm industry in the West and generates hydropower used across the region. Years of overuse by farms and cities, and the effects of drought worsened by climate change have meant much less water flows today through the Colorado River than in previous decades. Work to begin on underground fire near Marshall Fire ignition point The U.S. government announces water availability for the coming year months in advance so that cities, farmers and others can plan. The first mandatory cuts that magnified the crisis on the river went into effect in 2022, followed by even deeper cuts this year due to drought, poor precipitation and less runoff from the headwaters in the R...Douglas County sheriff warns of scammers meeting with victims, bilking thousands
Published Tue, 24 Dec 2024 02:08:39 GMT
DOUGLAS COUNTY, Colo. (KDVR) -- Douglas County investigators say they are very concerned about a new scam they are seeing that has an added layer of danger.They've received multiple reports from victims over the age of 70 who have lost large amounts of money after meeting with suspects in person.Douglas County Sheriff Darren Weekly says the scam starts with a pop-up error message on a computer or iPad."This latest version says it's from Microsoft. They are told to contact a phone number," the sheriff said. Is there any rhyme or reason to Denver’s street names? When the victims call the number, he said, they are told elaborate stories about why they need to withdraw large amounts of cash or buy gold."These suspects are more brazen, and they are actually meeting with our victims," Weekly said.$58K in cash stolen, along with $125K in goldAccording to investigators, there are multiple suspects who may wear medical masks and sunglasses.The DCSO released surveillance pictures that show ...John Fielder's 5 tips for outdoor photographers
Published Tue, 24 Dec 2024 02:08:39 GMT
DENVER (KDVR) -- A famed, award-winning outdoor photographer from Colorado, John Fielder, died over the weekend after a battle with cancer. Fielder, 73, took hundreds of thousands of photos during his career, documenting quite literally each of Colorado’s 104,984 square miles, according to a press release from History Colorado. Colorado nature photographer John Fielder dies He was a guest on FOX31 and Channel 2 many times in past years, leaving tips for others interested in capturing the beauty of Colorado in a photo.Here are some of Fielder's secrets to landscape photography.The golden hourFielder said outdoor photographers make a living one hour after sunrise and one hour before sunset, when shadows are broad, to add depth to an image. "Photographers do not sleep in," Fielder said. "Pushing the saturation slider to the right in Lightroom to edit your photos is not the same as getting up at 5:30 a.m." Watch: More tips for outdoor photography from John Fielder He said the warm l...Owners seek return of sentimental photo frame stolen from Vinos Wine Bar on Las Olas
Published Tue, 24 Dec 2024 02:08:39 GMT
The owners of Vinos Wine Bar on Las Olas are on a quest for answers after a bold act of photo theft was captured on video.The incident unfolded Friday evening at the bar’s Sidecar Speakeasy, just moments before midnight.“Every bartender, restaurant owner in America has this problem of people stealing stuff,” said co-owner Clayton Chelley. View this post on Instagram A post shared by Vinos Wine Bar On Las Olas (@vinosfortlauderdale)Seated at a corner table and after sharing a few glasses of wine with her friends, a woman nonchalantly helped herself to a photo on the wall.“It’s like walking into your house and taking a picture off the wall,” said Clayton. “I’m disturbed by this. I mean, I lose sleep over this.”“I feel more disappointed,” said co-owner Valerie Chelley. “You kind of expect the best from people.”The whole scene was caught on camera, detailing her maneuver to secure the frame in her purse. Her friends playe...Latest news
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