Bloomberg Business

BHP Makes $6.4 Billion Binding Offer for OZ Minerals

(Bloomberg) — BHP Group Ltd. has made a binding offer to acquire Australian copper producer OZ Minerals Ltd. for A$9.6 billion ($6.4 billion), securing its biggest deal in more than a decade and boosting exposure to key materials used in clean energy and electric cars.

Biden Says Giving Kyiv Advanced Weapons Risks US Alliances

(Bloomberg) — President Joe Biden defended his reluctance to give Ukraine all of the advanced weaponry it wants to fight off Russia’s invasion, saying the provision of longer-range missiles and other sophisticated gear risks straining US alliances in Europe, including NATO.

Nuveen Trader Pleads Not Guilty to $47 Million in Insider Trades

A Nuveen LLC trader pleaded not guilty to charges that he allegedly tipped off a retired financial professional and day trader about the asset management firm’s trades in a scheme that netted them more than $47 million in profit.

Ex-Harvard Coach, Businessman Acquitted in Bribery Trial

A former Harvard fencing coach and a Maryland businessman were found not guilty of conspiracy and bribery in a scheme the government claimed involved $1.5 million in payments to the coach in order to get the businessman’s two sons into the prestigious college.

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