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US Navy Teams With Hadrian on Submarine Production

Advanced manufacturing firm Hadrian announced a partnership with the US Navy, building out a 2.2 million square foot automated facility in Alabama set to mass produce components for Virginia-class attack submarines and Columbia-class ballistic missile submarines. Chris Power, Hadrian CEO, joins Caroline Hyde and Ed Ludlow on a special edition of "Bloomberg Tech" live from the Hill and Valley Forum in Washington.

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Bloomberg

Estée Lauder in Talks to Buy Puig to Create Beauty Giant

Estée Lauder said it's in talks to buy Puig Brands in a deal that would create a cosmetics giant with about $20 billion in annual sales. The companies declined to offer details on the terms. Puig, based in Spain, has a market value of about 10 billion ($11.6 billion), while Estée Lauder closed on Monday at around $30 billion. Bloomberg's Companies Reporter Clara Lizarraga joins to discuss.

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