Govt panel in deadlock over Nippon Steel-US Steel deal- Washington Post By Investing.com

Investing.com– A high-level government panel was unable to reach a consensus on Nippon Steel’s (TYO:) proposed takeover of U.S. Steel (NYSE:), the Washington Post reported on Monday, with the decision now being left to President Joe Biden. The Committee on Foreign Investment in the United States (CFIUS) delivered a long-awaited decision on the nearly $15 billion […]

US accuses Rocket Homes of illegal kickbacks in mortgage scheme By Reuters

(Reuters) -The top U.S. watchdog agency for consumer finance on Monday accused Rocket Homes, a unit of Rocket Companies, and The Jason Mitchell Group of real estate brokerages of an illegal kickback scheme to steer mortgage applications back to Rocket. According to the Consumer Financial Protection Bureau, Rocket Homes, one of the largest mortgage lenders

Wall Street ends higher on gains by most megacaps By Reuters

By David French (Reuters) -Wall Street’s main indexes all ended higher on Monday, with both the and the making it three straight wins, aided by gains by many of the so-called Magnificent Seven tech stocks on a holiday-thinned trading day. With megacap stocks having outsized influence on markets, their performance during a week in which

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