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.

Maui Island burnt in U.S. deadliest wildfire in over 100 years, more deaths predicted

LOS ANGELES, Aug. 13 (Xinhua) -- Smoke still billowed upward in many parts of Maui, the second largest in the chain of islands which make up the state of Hawaii, and Friday's night sky glowed in places where flames leap up from the landscape like the tongues of fire over a funeral pyre.

Five days after the devastating hurricane-driven wildfires dubbed Lahaina, Pulehu and Upcountry Maui Fires, 93 people have been confirmed dead as of Saturday, according to the Maui County.

DEADLIEST WILDFIRES IN MODERN U.S.

'US prisoners to remain in Iran until full transfer of frozen money'

Tehran, IRNA – Mohammad Jamshidi, the Iranian president's deputy chief of staff for political affairs, has said that the US prisoners will remain in Iran until the full transfer of Iranian assets in South Korea which are said to be unfrozen following a prisoner swap deal with the US.

Jamshidi said on Friday that the process of releasing Iran’s total assets in South Korea has begun after the release of the country’s assets in Iraq.

Iran producing nearly 3.2 mln bpd of oil: Minister

Tehran, IRNA - Iran’s Oil Minister Javad Owji says that the Islamic Republic is producing about 3.2 million barrels per day (bpd) of crude oil.

Owji made the remarks on Sunday in a meeting in Tehran, adding that Iran’s production of crude oil will surpass 3.3 million bpd by late August.

Referring to the Ministry's plans for investment in oil and gas industry projects, up to the end of the current Iranian calendar year, semi-finished civil projects valued at $15 billion will be operational.

USA: Biden and House Democrats hope to make curbing ‘junk fees’ a winning issue in 2024

WASHINGTON (AP) — Congressional Democrats are teaming up with the Biden administration and a progressive advocacy group to turn policy efforts to curb “ junk fees ” into a political rallying cry, betting that a small but potentially potent kitchen table issue will resonate with voters.

USA: Trump’s Iowa state fair spectacle clouds DeSantis as former president is joined by Florida officials

DES MOINES, Iowa (AP) — Gone was the helicopter, but Donald Trump on Saturday renewed his reputation for defying norms and creating a mega-celebrity’s spectacle at the Iowa State Fair.

Trump, in fewer than two hours on the steaming fairgrounds in Des Moines, attracted thousands of sweating, chanting supporters to his stops at the Iowa Pork Producers tent, a baby farm animal exhibit and a popular Grand Concourse pub.

USA: Yes, inflation is down. No, the Inflation Reduction Act doesn’t deserve the credit

WASHINGTON (AP) — Even President Joe Biden has some regrets about the name of the Inflation Reduction Act: As the giant law turns 1 on Wednesday, it’s increasingly clear that immediately curbing prices wasn’t the point.

While price increases have cooled over the past year — the inflation rate has dropped from 9% to 3.2% — most economists say little to none of the drop came from the law.

Norwegian climber says it would have been impossible to carry injured Pakistani porter down snowy K2

BERLIN (AP) — A record-setting Norwegian mountaineer pushed back Sunday against claims that she could have done more to save the life of a Pakistani porter who slipped off a narrow trail near the peak of the world’s most treacherous mountain and died there after several hours.

The circumstances of Mohammad Hassan’s July 27 death on K2, the world’s second-highest peak, sparked ongoing controversy, with two climbers arguing that he could have been saved if all those on the mountain that day had aborted their climb and focused on getting him down safely.

USA: Jury acquits 1 of 2 brothers charged in 2013 slaying in north central Indiana

KOKOMO, Ind. (AP) — A jury has acquitted one of two brothers charged in a decade-old slaying in north central Indiana.

The jury deliberated less than 90 minutes Friday night before acquitting 36-year-old Jesse McCartney of Kokomo of all charges in the death of 21-year-old Destiny Pittman. She was found shot to death Feb. 7, 2013, at her Kokomo home.

McCartney was charged with two counts of felony murder and other counts including robbery resulting in bodily injury, burglary resulting in bodily injury and conspiracy to commit burglary.

U.S., Japan to develop hypersonic missile interceptor - Yomiuri

TOKYO, Aug 13 (Reuters) - Japan and the U.S. will agree this week to jointly develop an interceptor missile to counter hypersonic warheads being developed by China, Russia and North Korea, Japan's Yomiuri newspaper said on Sunday.

The agreement on interceptors to target weapons designed to evade existing ballistic missile defences is expected when President Joe Biden meets Japanese Prime Minister Fumio Kishida in the U.S. on Friday, the report said, without giving any source for the information.

Russia's moon craft starts processing first data - space agency

MOSCOW, Aug 13 (Reuters) - Russia on Sunday switched on the scientific instruments aboard its lunar lander and scientists began processing its first data as the space craft sped towards the moon in a bid to be first to find ice on the Earth's only natural satellite.

The Russian Luna-25 mission, the first since 1976, is racing against India, which launched its Chandrayaan-3 lunar lander last month, to complete a soft landing on the moon's south pole where scientists believe there are pockets of water ice.

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