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Steel Giant ArcelorMittal to Sell U.S. Business to Cleveland-Cliffs – The Wall Street Journal

Steelmaker ArcelorMittal SA plans to sell its U.S. plants to mining company Cleveland-Cliffs Inc. for $1.4 billion, retreating from older mills in the industrial heartland that underpinned its expansion into America. The deal would put more than a dozen plants and mines under the ownership of Cleveland-based Cliffs and elevate its profile as a steel…

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WSJ Wealth Adviser Briefing: Clorox Wipes Scarcity, Beyond Meat Virtues, Rule of Six Problems

ByWSJ Staff Sep 28, 2020 6:00 am ET As the stock market staged an impressive rally from April through August of this year, high-net-worth and ultra-high-net-worth investors were consistent net sellers of U.S. equities. Back in March, however, when U.S. benchmarks bottomed from their Covid-induced rout, these investors were net buyers. Those are takeaways from…

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Election 2020: How Trump and Biden Compare on the Economy

Now Playing 9/28/2020 6:00AM      Voters will have a chance to help shape the American economy when they go to the polls in November. WSJ’s Jon Hilsenrath breaks down where President Donald Trump and Democratic presidential nominee Joe Biden stand on key economic issues. Photo Illustration: Carlos Waters/WSJ Up Next Editor Picks Shelf 2:05 Anthony Fauci on…

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Illithodu quarry blast: three more held

Police continue inspections in quarries in Ernakulam Police continue inspections in quarries in Ernakulam A special squad of the Ernakulam Rural police has arrested three more persons in connection with the explosion of gelatine sticks stocked in a building near a stone quarry at Illithodu near Malayattoor, taking the total number of arrests to seven.The…

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Corporates will exploit farmers, decide prices of essential commodities: MP

None of the bills have provisions for farmers to fight companies that violate contract: Su. Venkatesan Cadre belonging to DMK, CPI(M) and other parties staging a protest against farm Bills at Jeeva Nagar in Madurai on Monday.   None of the bills have provisions for farmers to fight companies that violate contract: Su. Venkatesan Opposition…

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Business MEC considered an appeal to members for a bailout before it agreed to a private equity deal

Committee decided against the possibility due to ‘the magnitude of initial and ongoing funding’ requiredAuthor of the article:The Logic & Aleksandra SaganPublishing date:Sep 25, 2020  •   •  5 minute readMEC’s store in North Vancouver, B.C. Photo by Jonathan Hayward/The Canadian Press filesArticle contentVANCOUVER — The leadership of embattled outdoor retailer MEC considered asking the co-operative’s…