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US Steel, Nippon Steel seek US security review of takeover deal
US Steel, Nippon Steel seek US security review of takeover deal
Economy
by  AFP

US Steel Corp and its potential buyer Nippon Steel of Japan are requesting a federal review of their proposed deal following congressional criticism that the transaction threatens US national security, US Steel said Thursday. "Japan is an important ally to the United States," US Steel said.

US airlines say they're ready for record holiday travel
US airlines say they're ready for record holiday travel
Economy
by  AFP

US airlines are gearing up for record traffic this holiday season, having beefed up staffing in the hopes of avoiding a repeat of last Christmas's operational meltdown. United Airlines and American Airlines have also pointed to record traffic this year, with United projecting around nine million passengers and American nearly 12.7 million on more than 110,000 flights.