US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives

Published Fri, 29 Mar 2024 08:33:36 GMT

US Steel rejects a $7.3  billion offer from rival Cleveland-Cliffs; considers alternatives NEW YORK (AP) — United States Steel Corp. said Sunday that it rejected a $7.3 billion buyout proposal from rival Cleveland Cliffs and was reviewing “strategic alternatives” after receiving several unsolicited offers.Pittsburgh-based U.S. Steel said it rejected the offer because Cleveland-Cliffs was pushing it to accept the terms without being allowed to conduct proper due diligence. “At this juncture, we cannot determine whether your unsolicited proposal properly reflects the full and fair value of the Company. For all of the above reasons, the Board has no choice but to reject your unreasonable proposal,” U.S. Steel CEO David Burritt said in a letter, released Sunday, to Cleveland Cliffs CEO Lourenco Goncalves.Cleveland-Cliffs announced earlier Sunday that it had made an offer valuing the U.S. Steel at $7.3 billion, based on $17.50 a share in cash and 1.023 shares of Cliffs stock. Cleveland-Cliffs said the value of the offer was $35 a share, a premium over U.S. Steel’s ...

Auburn grad student Megan Schofill wins US Women’s Amateur at Bel-Air

Published Fri, 29 Mar 2024 08:33:36 GMT

Auburn grad student Megan Schofill wins US Women’s Amateur at Bel-Air LOS ANGELES (AP) — Megan Schofill won the U.S. Women’s Amateur on Sunday at Bel-Air Country Club, beating Latanna Stone 4 and 3 in the 36-hole final.The 22-year-old Schofill, from Monticello, Florida, is a graduate student entering her fifth season at Auburn University. The 21-year-old Stone, from Riverview, Florida, is entering her fifth year at LSU.Schofill had a 3-up lead after the first 18 holes, winning Nos. 15-17. After Stone won the par-4 24th with a birdie, Schofill took the par-4 25th and par-5 26th with birdies for a 4-up advantage.They halved the next five holes with pars, Stone won the par-5 32nd and the match ended on the par-4 33rd when Stone’s 5-foot par putt lipped out.The finalists earned spots in the 2024 U.S. Women’s Open at Lancaster Country Club in Pennsylvania, with Stone needing to remain an amateur to be eligible.___AP golf: https://apnews.com/hub/golfSource

Breanna Stewart sets WNBA record as Liberty beat Fever 100-89

Published Fri, 29 Mar 2024 08:33:36 GMT

Breanna Stewart sets WNBA record as Liberty beat Fever 100-89 INDIANAPOLIS (AP) — Breanna Stewart scored 30 of her 42 points in the first half to help the New York Liberty beat the Indiana Fever 100-89 on Sunday and set a franchise record for wins in a season. Stewart became the first player in WNBA history to score at least 40 points three times in the same season. Jonquel Jones had 15 points and 12 rebounds for the Liberty, Betnijah Laney scored 12 and Sabrina Ionescu 10. Courtney Vandersloot scored just four points on 1-of-7 shooting but finished with 14 assists. Kelsey Mitchell scored 22 points and Erica Wheeler 21 to lead Indiana. Aliyah Boston added 17 points, nine rebounds and five assists, and NaLyssa Smith scored 15 points and grabbed nine rebounds. MYSTICS 83, SKY 76WASHINGTON (AP) — Brittney Sykes scored a season-high 30 points on 11-of-18 shooting to help Washington snap a three-game skid.Sykes added six assists and five steals. Queen Egbo made 7 of 7 from the field and scored 16 points for the Mystics, and Tianna Hawkins added 13 ...

Jewell Loyd scores 24 and Ezi Magbegor adds 17 to help Storm beat Mercury 81-71

Published Fri, 29 Mar 2024 08:33:36 GMT

Jewell Loyd scores 24 and Ezi Magbegor adds 17 to help Storm beat Mercury 81-71 SEATTLE (AP) — Jewell Loyd scored 24 points, Ezi Magbegor added 17 points and the Seattle Storm nearly blew a 16-point halftime lead before they pulled away for an 81-71 win Sunday over the Phoenix Mercury. Magbegor made 8 of 13 from the field, grabbed seven rebounds and blocked three shots. Kia Nurse scored 10 points on 4-of-8 shooting, including two 3-pointers, and Mercedes Russell added 10 rebounds and eight points for the Storm. Seattle (9-21) has won back-to-back games for just the second time this season, and three of its last four — beginning with a 97-91 win over Phoenix on Aug. 5. The Storm and Mercury are three games out of a playoff spot with a month left in the regular season. Phoenix (9-21), which was coming off back-to-back wins, has lost eight of its last 11. Seattle led by 16 at halftime and Magbegor made it 57-44 with 5:59 left in the third quarter but Sug Sutton answered with a 3-pointer, Sophie Cunningham also hit a 3 and Moriah Jefferson made a layup before her p...

Summit in Southeast DC calls on young people to help remedy juvenile crime

Published Fri, 29 Mar 2024 08:33:36 GMT

Summit in Southeast DC calls on young people to help remedy juvenile crime Coach Charles Holton runs Play4Life, a youth football outfit that aims to keep kids on the field—and out of trouble. (WTOP / Matt Kaufax) Coach Charles Holton runs Play4Life, a youth football outfit that aims to keep kids on the field—and out of trouble. (WTOP / Matt Kaufax) As juvenile crime in the District continues to rise, the Ward 8 community in Southeast held the S.M.A.R.T. Youth Violence Summit Sunday afternoon to engage young people for possible solutions.Held at the Town Hall Education Arts Recreation Campus (THEARC) on Mississippi Avenue, community leaders at the event spoke directly to young people about the importance of positive decision-making, being leaders, setting examples for their peers and enco...

5 shot in Denver, 2 shot in Aurora overnight

Published Fri, 29 Mar 2024 08:33:36 GMT

5 shot in Denver, 2 shot in Aurora overnight DENVER (KDVR) -- There were multiple confirmed shootings that happened between Saturday night and Sunday morning in both Denver and Aurora.Five people were injured in two separate shootings in Denver, and another two people were injured in a shooting in Aurora, according to police.The two shootings that happened in Denver were both in the Green Valley Ranch neighborhood approximately 2.8 miles apart. Man dies after shooting early Saturday, Denver Police investigating Just before 11 p.m. Saturday, the Denver Police Department said it was investigating a shooting that happened near 20500 E. 45th Avenue, in which three victims were taken to the hospital. DPD said the extent of the victim's injuries was unknown. DPD said it is investigating and working to develop suspect information.A few hours later around 4:26 a.m. Sunday, DPD said it was investigating another shooting that sent two victims to the hospital with what appeared to be non-life-threatening injuries. This happened near 16...

Baby boy taken in car theft near Fort Lauderdale found safe, returned to parents

Published Fri, 29 Mar 2024 08:33:36 GMT

Baby boy taken in car theft near Fort Lauderdale found safe, returned to parents NEAR FORT LAUDERDALE (WSVN) — The parents of a baby boy who was taken from them when their car was stolen with the child inside are breathing a sigh of relief after the toddler was found safe.The 21-month-old is back in the hands of his family on Sunday night thanks to the good Samaritans who spotted him.One of the good Samaritans, who identified herself as Denise, described the moment she found the baby abandoned on the street.“As we drive by, we see the baby there, but my son had already seen the baby. He had to get his phone to come video call police,” she said.Denise said they found the boy in a residential neighborhood, still in his car seat.“Took the baby, we go to my house, and we wait for the police to come,” she said.Broward Sheriff’s Office deputies and the boy’s parents arrived sonn after.According to BSO detectives, a car was stolen near the 1200 block of Northwest 31st Avenue near Fort Lauderdale with the toddler on board, just ...

14-year-old boy rescued after falling overboard due to boat crash near St. Petersburg

Published Fri, 29 Mar 2024 08:33:36 GMT

14-year-old boy rescued after falling overboard due to boat crash near St. Petersburg NEAR ST. PETERSBURG, Fla. (WSVN) — A U.S. Coast Guard crew came to a teen’s rescue after a two-boat collision near St. Petersburg.According to officials, a 14-year-old fell boy fell overboard as a result of Saturday’s crash, which took place 13 miles northwest of Egmont Key.Investigators said the teen suffered cuts to his arm from a propeller.The Coast Guard rushed to the scene and transported the victim to the hospital.As of late Sunday night, there is no word on the boy’s condition or what caused the crash.

The most powerful people in Britain: The Undecideds

Published Fri, 29 Mar 2024 08:33:36 GMT

The most powerful people in Britain: The Undecideds KIDSGROVE, England — “I’m basically becoming obsessed with potholes,” Jonathan Gullis announces proudly to the half-full community hall. “That’s going to be my life for the next 12 months … My fiancée is really excited.”Standing beneath a small disco ball in Victoria Hall in Kidsgrove, Staffordshire, the Tory MP is holding a town hall. He rattles off answers to residents’ questions in machine-gun style — on housing (we need more); train ticket office closures (bad idea); and local plans for a Motocross track (maybe, maybe not).He keeps referencing his family, from his elderly mother’s cancer to his young daughter’s birth during the COVID-19 pandemic. Tellingly, his Union flag banner bears his own name (and face), but not that of the Conservative Party he represents.Gullis, in other words, is fighting for every vote. His 2019 victory in Stoke-on-Trent North ended Labour’s 69-year control of his seat. But since then, the Tories have fallen 20 points behind in the polls. Ev...

Britain’s North Sea decision: Waning leadership at home and abroad

Published Fri, 29 Mar 2024 08:33:36 GMT

Britain’s North Sea decision: Waning leadership at home and abroad Felipe Sanchez is a policy fellow at the Stockholm Environment Institute and previously served as a senior policy adviser in the Strategy Unit of the U.K. Department for Environment, Food and Rural Affairs.At the end of July — the hottest month ever recorded — British Prime Minister Rishi Sunak announced new oil and gas licenses will be granted in the North Sea.The United Kingdom government argued that more domestic oil and gas production is the key to reducing energy bills, carbon emissions and dependence on dictators. However, the argument doesn’t hold water.Framing the decision in this way masks the fact that over 80 percent of the crude oil produced in the U.K. is exported for reasons regarding market dynamics and process optimization. On the other hand, most of the natural gas produced in Britain is consumed domestically — primarily for heating. Therefore, the underlying issue at the heart of energy bills, emissions and security is almost exclusively linked to the U.K.’s depend...