CBS News
U.S. Steel shares plummet amid questions over the fate of its merger with Nippon Steel
U.S. Steel shares plunged on Wednesday as Wall Street questioned whether its $14.1 billion deal with Japan’s Nippon Steel is at risk of derailing.
Shares of U.S. Steel plunged as much as 25% in afternoon trading after the Washington Post reported President Joe Biden is preparing to formally block the proposed acquisition. As of 2:35 p.m., shares of U.S. Steel were down $7.12, or 20%, to $28.48.
At an afternoon briefing, a White House official downplayed the Washington Post report, which cited three people familiar with the president’s plans. In a statement, the White House cited a process of review by the Committee on Foreign Investments in the United States, or CFIUS, a panel chaired by the Treasury Secretary.
“CFIUS hasn’t transmitted a recommendation to the President, and that’s the next step in this process,” a White House official stated.
—This is a developing story and will be updated.
CBS News
12-year-old boy dead, 11-year-old girl in critical condition after falling through ice in Albany, New York
A 12-year-old boy is dead and an 11-year-old girl is in critical condition after both children fell through ice at a park in Albany, New York, authorities said Sunday.
Albany Police said they responded late Saturday afternoon to Washington Park Lake for reports of two children who had fallen through the ice. Officers found an 11-year-old girl who was treated at the scene and taken to Albany Medical Center Hospital in critical condition.
Later, members of the New York State Police underwater recovery team searched the lake, and at around 7:25 p.m., the body of the boy was recovered from the lake.
Investigators believe that the boy tried to walk north across the lake towards the lake house and fell through the ice, and the girl who witnessed him fall tried to help. She apparently “followed the same path of travel across the lake, where she also fell through the ice,” police said.
Both children are students of the North Albany Middle School, the district confirmed in a social media post.
“Our hearts go out to the families of these students at this incredibly difficult time,” Superintendent Joseph Hochreiter said in a statement. “This is a terrible tragedy and we are grieving as a school community.”
According to New York’s Department of Environmental Conservation, Washington Park Lake covers over 5 acres and has an average depth of 6.6 feet and a maximum depth of 11 feet.
Erica Sheer, who didn’t know the children, told CBS affiliate WRGB-TV that she came to the lake Sunday to honor them.
“Well, I decided that I would take a walk over here just to pay my respects to the spot where this happened and pray for the young boy and the young girl who were in the accident yesterday and their families and to wish them well,” Sheer told the station.
CBS News
Search for murder weapon in UnitedHealthcare CEO shooting continues. Here’s what police have found so far.
NEW YORK — The manhunt in UnitedHealthcare CEO Brian Thompson’s murder continues to expand.
Police have been searching Central Park for clues, both on land and in water, as U.S. Marshals work to figure out where the person of interest boarded a bus to New York City.
Central Park dive teams looking for murder weapon
NYPD dive teams were seen near Central Park’s iconic Bethesda Fountain all weekend, searching for the murder weapon.
Police say the weapon is critical, because detectives can potentially find out where it was purchased and who owned it.
For now, police say the lack of concrete evidence is why they are referring to the man seen in surveillance images as a “person of interest.”
On Friday, police discovered a backpack they believe belonged to that man. They said a jacket was found inside, but sources tell CBS News it was not the one worn during the shooting. Fake Monopoly money was also found inside, but no gun.
Search expands to Greyhound bus stations
Police sources say the search has expanded to Greyhound bus stations between New York and Atlanta, as they work to figure out where the man boarded a bus that brought him to the city.
The latest photos from the NYPD show the person of interest with his mask on in the back of a taxi. But the most telling photo yet is one where he briefly lowered his mask to talk to an employee at the Upper West Side hostel where he had been staying.
New York City Mayor Eric Adams sounds optimistic an arrest will be made soon, adding police have a name and are “tightening the net.”
The FBI is putting out posters, referring to the man as a suspect, and promising a $50,000 reward. They say he was last seen at the Port Authority bus terminal in Washington Heights 45 minutes after Thompson was killed.
CBS News
Mob hangs and kills 3 men accused of kidnapping girl in Mexico
Three men accused of kidnapping and robbing a girl were lynched by a crowd in central Mexico on Saturday, local authorities said.
Lynchings have increased in Mexico in recent years, with experts saying the perception of impunity leads communities to take justice into their own hands.
The trio were killed on Saturday afternoon in San Juan Amecac, 42 miles southeast of the capital Mexico City, a local government statement said.
“Three men died after being detained and lynched by residents for the alleged robbery and kidnapping of a minor,” it said.
Police rushed to the scene but the men “no longer showed vital signs” by the time they arrived, it added.
Some 300 people participated in the lynching — hanging and beating the men until they were dead, according to local media.
The uptick in vigilantism is taking place amidst a broader increase in violence in Mexico since 2006, fueled by drug trafficking.
In June, four men were lynched and then burned in the nearby city of Atlixco by a crowd that accused them of stealing a vehicle.
In March, residents of the southern city of Taxco lynched a woman they accused of murdering an eight-year-old girl. Two men also suspected by locals of involvement were attacked but survived, the BBC reported.
In 2022, a mob in Mexico attacked a young political adviser and then set him on fire over child trafficking accusations shared on chat groups.
In 2018, two men were burned to death in Puebla after rumors spread on WhatsApp that they were child abductors, BBC News reported. The rumors turned out to be untrue.