US Industrial Production of Defense Equipment Hits Record High
One bright spot in otherwise lackluster US industrial production figures: defense and space equipment, which rose last month to a record high.
Bloomberg Business
Barclays Hires Dan Cocks From Goldman Sachs for Biotech ECM
Barclays Plc has hired Dan Cocks from Goldman Sachs Group Inc. for its equity capital markets business, according to people with knowledge of the matter.
Wagner Mercenaries Boosting Presence in Belarus, Monitors Say
The number of Wagner mercenaries relocating to Belarus rose significantly over the past week as the country’s president established a “people’s militia” and approved a military training deal with Russia.
UK Set to Win Battle for Electric Jaguar and Land Rover Battery Plant
The UK is set to secure a commitment from Tata Group to build a battery plant supplying a new range of electric Jaguar and Land Rover models.
Microsoft’s New Corporate AI Products Will Come With A Hefty Price Tag
AI Copilot for Office software will cost $30 a person each month
American Physician Partners to Close Doors After Cash Squeeze
Medical staffing company American Physician Partners said it is planning to wind down its operations and transition its hospital contracts.
Gundlach Tangles With Ex-Partners Over Value of DoubleLine Stakes
Jeffrey Gundlach once accused his former employer, TCW Group Inc., of diluting his stake in the company. Now the billionaire founder of DoubleLine Capital is battling accusations that he did something similar to executives who helped him build his $96 billion bond giant.
Tesla Says German Plant Can Expand Without Sapping Water Supply
Tesla Inc. said doubling the production capacity of its factory near Berlin won’t require additional water as the automaker pursues a more cautious expansion to win over locals concerned about the region’s limited supply.
Arresting Putin Would be Declaration Of War, Ramaphosa Says
South African President Cyril Ramaphosa said a court order that would force him to commit to arresting Russian leader Vladimir Putin if he attends a BRICS summit in Johannesburg next month would be premature, and effecting such a ruling would be tantamount to a declaration of war.
Trump Gets Letter Saying He Is a Target of DOJ Jan. 6 Probe
Former President Donald Trump said he has been notified that he is a target in the Justice Department’s investigation into efforts to overturn the 2020 election results, signaling that he is likely to be charged with federal crimes.
