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Privately held Esmark makes offer for US Steel, sets up bidding contest for iconic steelmaker

Published Tue, 24 Dec 2024 02:21:35 GMT

NEW YORK (AP) — Industrial conglomerate Esmark said Monday it has made an all-cash offer to buy U.S. Steel that values the iconic steelmaker at $7.8 billion, topping an earlier offer from rival Cleveland-Cliffs. On Sunday, U.S. Steel said it had rejected a cash and stock offer from Cleveland-Cliffs that was valued at $7.3 billion as of the close of trading Friday. U.S. Steel also said it had received offers for all or parts of the company from several parties and was evaluating its options. Pittsburgh-based Esmark is run by James Bouchard, a former vice president in U.S. Steel’s European operations. In an interview, Bouchard said he is interested in modernizing U.S. Steel and keeping the company under American ownership. Besides its steel-producing and distribution business, privately held Esmark has operations in aviation, oil and gas exploration, real estate and other industries. Cleveland-Cliffs is the largest producer of flat-rolled steel and iron in North America. Pittsbu...

Braves’ Ozzie Albies has hamstring injury, misses start for first time in 2023

Published Tue, 24 Dec 2024 02:21:35 GMT

ATLANTA (AP) — Atlanta Braves second baseman Ozzie Albies was held out of the lineup for Monday night’s game against the New York Yankees, his first missed start of the season.Albies was pulled from the Braves’ 7-6 loss at the New York Mets on Sunday with cramping in his left hamstring. Braves manager Brian Snitker said Albies was “still feeling it a little bit” on Monday. Nicky Lopez is the fill-in starter at second base.Albies has been one of Atlanta’s most productive players, hitting .267 with 28 homers and 90 RBIs, second in the majors behind teammate Matt Olson. Albies ranks eighth in the majors with 235 total bases.“I had to get a new stamp out,” Snitker said of his first lineup without Albies at second base.Albies is not the Braves’ only iron man of 2023. Olson at first base, third baseman Austin Riley and right fielder Ronald Acuña Jr. also have started each of Atlanta’s first 117 games as the Braves have compiled the majors’ best record.“...

Louisville students to return to school on Friday, more than a week after bus schedule meltdown

Published Tue, 24 Dec 2024 02:21:35 GMT

LOUISVILLE, Ky. (AP) — Students in Louisville’s public school district will return to class starting Friday as part of a staggered reopening that stretches into next week, as administrators reboot a new bus schedule after the system melted down on the first day of school, the superintendent announced Monday.Schools will reopen on Friday for elementary and middle school students, while high school students will return next Monday, Superintendent Marty Pollio said.The superintendent apologized to staff, parents, bus drivers and students. “Even if they didn’t have a bus problem, I know we’ve inconvenienced a lot of kids and families who wanted to be right back in school, and we apologize for that,” Pollio said. “This was not anticipated, and that’s a mistake on me and on us.”The revised schedule means students in Jefferson County Public Schools will miss more than a week of school since the disastrous opening day last Wednesday, when some students didn’t get picked up in th...

Texas woman who pleaded guilty to helping hide US soldier Vanessa Guillén’s remains sentenced to 30 years in prison

Published Tue, 24 Dec 2024 02:21:35 GMT

WACO, Texas (AP) — Texas woman who pleaded guilty to helping hide US soldier Vanessa Guillén’s remains sentenced to 30 years in prison.Source

Firsthand Technology Value Fund: Q2 Earnings Snapshot

Published Tue, 24 Dec 2024 02:21:35 GMT

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Firsthand Technology Value Fund Inc. (SVVC) on Monday reported a loss of $14.8 million in its second quarter.On a per-share basis, the San Jose, California-based company said it had a loss of $2.14. Losses, adjusted for investment costs, came to 4 cents per share.The technology investment fund posted revenue of $131,700 in the period. Its adjusted revenue was $132,000._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SVVC at https://www.zacks.com/ap/SVVCSource

Patriots sign ex-Cowboys running back Ezekiel Elliott to 1-year, $4 million deal

Published Tue, 24 Dec 2024 02:21:35 GMT

FOXBOROUGH, Mass. (AP) — Three-time Pro Bowl running back Ezekiel Elliott has signed a one-year deal with the New England Patriots worth $4 million, a person familiar with the terms told The Associated Press.The person, speaking on condition of anonymity because the team hasn’t announced the move, said the contract can be worth up to $6 million with incentives.The 28-year-old Elliott ran for 68 touchdowns and more than 8,000 yards in seven years with the Dallas Cowboys. After being drafted fourth overall out of Ohio State in 2016, he led the NFL in rushing yards in 2016, when he was the runner-up for the AP Rookie of the Year award, and again in 2018.He also has more than 2,300 receiving yards, and 12 TD catches.___AP Pro Football Writer Rob Maaddi contributed to this report.Source

Man killed by police in Denver was carrying a marker

Published Tue, 24 Dec 2024 02:21:35 GMT

DENVER (KDVR) — Police in Denver have just released body camera video from when an officer shot and killed a man last Saturday as they responded to a domestic violence call.It started as a call where witnesses reported seeing an intoxicated man push over his wife, who uses a wheelchair, and then assault his teenage son, according to police. Police said they weren't able to confirm this was a case of domestic violence, but the officers met up with the suspect in the middle of the street. Bulletproof vest saves deputy in Adams County shooting Within 40 seconds of arriving on scene, an officer is seen in the video firing a Taser at the suspect, Brandon Cole, as he approaches a female officer. The female officer can be heard in the body camera video saying the man had a knife.According to Denver Police, the second Taser probe didn't land, and so the stun gun didn't work. That officer then fires two shots.Cole was taken to the hospital and later died. It turns out he was carrying a bla...

31 people accused of organized crime, cocaine trafficking in Adams County

Published Tue, 24 Dec 2024 02:21:35 GMT

DENVER (KDVR) -- A large-scale cocaine trafficking investigation in Adams County led to the grand jury indictment of 31 people with charges involving organized crime, drug trafficking, money laundering and more, according to the 17th Judicial District Attorney's Office.The 18-month investigation, called Operation Full Circle, included the seizure of 14,600 grams of cocaine, four firearms, 15 vehicles, five residences and $283,514 in cash, according to a press release from the DA.The drugs were allegedly brought to Adams County from Juarez, Mexico, through Martin Mena-Flores and his brother Gustavo Mena-Flores, as well as a number of their associates, according to the release.The North Metro Task Force and the DEA say the alleged Mena-Flores criminal enterprise had avoided law enforcement while distributing cocaine in the area for 15 years."This partnership and the indictment should send one important signal to all who are dealing this poison in our community: we’re going to take you...

Woman desperate to find cat lost while boarding flight at Denver airport

Published Tue, 24 Dec 2024 02:21:35 GMT

DENVER (KDVR) — Ginger Thompson and Breezy, her year-old Bengal cat, flew to Denver from Washington for a cat competition. While boarding their Southwest flight home Sunday, Breezy got out of her carrier. “They were getting me on the plane rushing me, and I set her down to get ready to put her under the seat, put my backpack up into the overhead bin, and was sort of jostled,” Thompson said. Did you know Denver is one of the freshest non-coastal places you can get fish? Thompson said she isn't sure how the latch broke. But when the carrier opened up, Breezy jumped out. Thompson tried to catch Breezy, but the cat fell between the airplane door and jet bridge onto the tarmac. “I saw her fall and she sort of tried to claw to stay up, but the momentum just took her down. And it wasn’t a jump or anything, it was more like just falling,” Thompson said. Thompson said she was ushered off the flight and has received little help from Southwest or the airport since the incident. “There’s been...

Bulletproof vest saves deputy in Adams County shooting

Published Tue, 24 Dec 2024 02:21:35 GMT

ADAMS COUNTY, Colo. (KDVR) — Officers fanned out near an Adams County intersection late Sunday night, where a suspect on the run allegedly shot a sheriff’s deputy.Police officials say the deputy was not hurt, thanks to a bulletproof vest.There was chaos and a frantic search at 74th Avenue and Federal Boulevard just around midnight. Officers from several agencies were searching for a suspect who they said shot a deputy. The Adams County Sheriff's Office sent a tweet just after midnight warning people to watch out for a man on the run not far from Westminster. He was considered armed and dangerous. Police search for missing Florida woman in Grand County A worker told FOX31 that officers rushed into her workplace, scouring the place in search of him. "The officers came in and were looking everywhere — the restrooms, the kitchen — and we were afraid. We didn’t know what was going on," Paola Ramos said.FOX31 was able to access surveillance video from across the street. It shows officer...