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Sanjeev Gupta’s Greensill Debt Deal Jeopardized by Australia Insolvency
Gleni - Sanjeev’s Gupta’s settlement with creditors owed hundreds of millions of pounds hangs in the balance after the South Australian government placed one of his steelworks into administration last month. - gleni
Dallas Will Feel Like 107 With Heat and Humidity: Weather Watch
Hot temperatures and rising demand for air conditioning are on Bloomberg Green’s radar today.
Georgia Court Removes Fani Willis From Trump 2020 Case
A Georgia appeals court disqualified Fulton County District Attorney Fani Willis and her entire office from handling the 2020 election prosecution of President-elect Donald Trump, but will allow the case to continue.
BlackRock Writes Down Flagship Renewable Fund, Overhauls Leaders
BlackRock Inc. said it’s writing down the value of one of its flagship renewable funds after two key investments for the vehicle collapsed, and it’s enlisting executives from its recently acquired Global Infrastructure Partners business to help turn around performance.
Self-Proclaimed Bitcoin Inventor Found in Contempt of Court After Lawsuit Loss
A computer scientist who falsely claims to be the inventor of Bitcoin has been found in contempt of court by a London judge for breaching several orders after a stinging lawsuit loss.
UK’s Starmer Says He Opposes Trade Tariffs in Signal to Trump
Prime Minister Keir Starmer said he’s not a fan of tariffs, a signal to Donald Trump that his UK government will oppose any move by the president-elect’s incoming US administration to erect trade barriers.
Luigi Mangione Agrees to Be Sent to NYC on Murder Charges
Luigi Mangione, the suspect in the fatal midtown Manhattan shooting of a top UnitedHealth Group Inc. executive, will be extradited to New York to face murder charges after he dropped his opposition to the move in court on Thursday.
US Existing-Home Sales Rise as Buyers Accept High Mortgage Rates
Existing-home sales in the US topped a rate of 4 million in November for the first time in six months as house hunters begrudgingly accept mortgage rates above 6%.
Norway’s Prime Minister Says Europe Power Market ‘Needs Change’
Last week’s power price spikes highlight the need for reforms in Europe’s electricity market, Norwegian Prime Minister Jonas Gahr Store said in an interview.
UAW Reaches Secret Deal With Rivian to Make Unionizing Easier
The EV maker pledged to adopt a neutral stance on UAW efforts to organize its factory workers, contingent upon the company becoming profitable.
Lilly’s US Weight-Loss Drug Shortage Ends, Curtailing Copies
Eli Lilly & Co.’s weight-loss and diabetes drugs Mounjaro and Zepbound are no longer in short supply in the US, which means compounding pharmacies must stop making copycats in the coming months.
FAA Bans Drone Flights in Parts of New Jersey
The US Federal Aviation Administration prohibited drone flights over several parts of New Jersey as public hysteria over sightings continues to persist.
Trump Would Support Abolishing the Debt Ceiling, NBC Reports
President-elect Donald Trump said Congress should get rid of the debt ceiling, NBC News reports citing a phone interview with him on Thursday.
Soho House Spikes After Receiving Premium Buyout Offer
Soho House & Co Inc. shares are soaring after the global membership platform said it received an offer to buy the company at a premium to its current market value.
JPMorgan’s Michele Sees Chance for Treasury Market Calm in 2025
Bond-market veteran Bob Michele says there’s one scenario investors aren’t fully prepared for in 2025: the calmest Treasury market in nearly a decade.