In an exclusive interview with Reuters, Shigeru Ishiba, a top candidate for Japan’s next premier, expressed concern over the potential U.S. move to block Nippon Steel’s acquisition of U.S. Steel on national security grounds, stating it would damage trust between the allies. The White House is reportedly close to announcing President Joe Biden’s decision to veto the $15 billion deal, as reported by Reuters earlier this week. The implications of this decision could have a significant impact on both countries’ economic and diplomatic relations.
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Why Deckers Outdoor Stock Jumped Today
Shares of Deckers Outdoor (NYSE: DECK), known for brands like Hoka and UGG, rose by 11.7% after the company reported better-than-expected first-quarter results, alleviating investor concerns following a significant stock decline earlier in the year due to tariff fears and weakening consumer sentiment. The positive results reaffirmed confidence in the company's growth trajectory. Want More Context? 🔎
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