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U.S. Steel shares plummet amid questions over the fate of its merger with Nippon Steel

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Pittsburgh-area union members throw support behind Harris as she opposes sale of U.S. Steel


Pittsburgh-area union members throw support behind Harris as she opposes sale of U.S. Steel

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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.



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Luigi Mangione, suspect in UnitedHealthcare CEO Brian Thompson’s killing, charged in NYC, court documents say

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NEW YORK — Luigi Mangione, the suspected in the killing of UnitedHealthcare CEO Brian Thompson outside a New York City hotel, is now charged with murder, according to court documents.

The New York City Police Department and Mayor Eric Adams announced on Monday the 26-year-old was taken into custody earlier in the day on forgery and illegal gun charges in Pennsylvania. At the time, he was still considered a person of interest in the case. 

“He matches the description of the identification we’ve been looking for, he’s also in possession of several items that we believe will connect him to this incident,” Adams said Monday. “How did we do it? Good old fashioned police work.”

NYPD Commissioner Jessica Tisch said a tipster called police after seeing a man who looked like the person of interest at a McDonald’s in Altoona, Pennsylvania. 

“The suspect was in a McDonald’s and was recognized by an employee who then called local police. Responding officers questioned the suspect, who was acting suspiciously and was carrying multiple fraudulent IDs, as well as a U.S. passport,” she said. “Upon further investigation, officers recovered a firearm on his person, as well as a suppressor, both consistent with the weapon used in the murder. They also recovered clothing, including a mask, consistent with those warn by our wanted individual.”

“Additionally, officers recovered a handwritten document that speaks to both his motivation and mindset,” Tisch added.

NYPD officials described the weapon as a possible “ghost gun,” and said the written document was three pages long.

Tisch said Mangione was also found in possession of the same fake New Jersey ID the person of interest used to check into a hostel on Manhattan’s Upper West Side, where he was seen in surveillance images without a mask. He was later seen at the Port Authority bus terminal in Washington Heights and was believed to have boarded a bus there after the shooting.

UnitedHealthcare CEO shot and killed in Manhattan

US-CRIME-HEALTH
Crime Scene Unit police photograph the scene where CEO of UnitedHealthcare Brian Thompson, 50, was shot as he entered the New York Hilton early on Dec. 4, 2024 in Manhattan. 

BRYAN R. SMITH/AFP via Getty Images/United Health Group


Thompson, 50, was gunned down by a masked shooter on Dec. 4 outside the Hilton Midtown hotel, where UnitedHealthcare was set to hold its annual investors conference

The NYPD called it a “premeditated, preplanned, targeted attack,” and launched an intense manhunt. Police offered a $10,000 reward for information leading to an arrest, and the FBI later upped the ante to $50,000.

Investigators quickly began piecing together a timeline of the shooting, including the suspect’s movements and escape route. The next day, police released images of a person wanted for questioning, as they zeroed in on the hostel where he was staying.

fan-430am-pkg-unitedhea-wcbscc8r-hi-res-still.jpg
Surveillance photos show a person who police said they want to question in connection with the fatal shooting of UnitedHealthcare CEO Brian Thompson outside a hotel in Midtown Manhattan.

NYPD


Police had numerous clues early on in the investigation. They were able to trace the suspect’s movements prior to the shooting and his escape by bicycle through Central Park. 

Investigators spent days searching the park and found a backpack containing a jacket and Monopoly money, but it did not have the murder weapon. Dive teams in scuba gear continued to comb a pond near the park’s Bethesda Fountain for the gun.

UnitedHealthcare CEO shooting manhunt widens beyond New York City as police find backpack believed to be suspect's
A backpack found in New York City’s Central Park on Dec. 6, 2024, that investigators believe may have belonged to the suspected gunman who fatally shot UnitedHealthcare CEO Brian Thompson. 

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Police also found expended shells at the scene that had “delay” and “deny” meticulously written on them. Investigators believe those words were related to a reference made by critics of the health insurance industry

Officers also recovered a cellphone from the scene, as well as a water bottle and a candy bar wrapper they believe the suspect left at a Starbucks prior to the shooting.

Meanwhile, investigators have been probing every aspect of Thompson’s life to try to find a motive. 

“They’re going to look at the business end, you have a company that’s laid people off. They’re going to look at the personal stories, and they’re going to focus on letters, desperate people who were denied care or tests or something that could’ve saved a life or who blame the company,” said former NYPD Deputy Commissioner for Intelligence and Counterterrorism John Miller.  

Thompson, a married father of two, had been in New York City for two days before he was murdered. His wife, Paulette, spoke about the family’s loss. 

“Brian was a wonderful person with a big heart and who lived life to the fullest,” she said. “He will be greatly missed by everybody. Our hearts are broken and we are completely devastated by this news.”

Check back soon for the latest updates on this developing story. 

contributed to this report.



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Trump says Jan. 6 committee members “should go to jail”

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Trump says Jan. 6 committee members “should go to jail” – CBS News


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In a wide-ranging interview on NBC’s “Meet the Press,” President-elect Donald Trump said members of the House Jan. 6 committee “should go to jail.” CBS News chief election and campaign correspondent Robert Costa has more.

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Person of interest in UnitedHealthcare CEO killing arraigned, denied bail

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Person of interest in UnitedHealthcare CEO killing arraigned, denied bail – CBS News


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Luigi Mangione, a man arrested in Pennsylvania, is being questioned in connection with the murder of UnitedHealthcare CEO Brian Thompson in New York City. Mangione was arraigned in a Pennsylvania courtroom on separate charges and denied bail. CBS News’ Lilia Luciano and Anna Schecter have the latest.

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