China dominates the market, but U.S. defense needs are pushing a revival effort after decades of deindustrialization.
The Canadian business-jet manufacturer said it plans to focus on three segments—defense, aftermarket services and selling pre-owned certified aircraft—as key pillars to grow its revenue and cash reserves in the coming years.
The CEO is shifting the EV maker’s strategy and suggesting that he could take his ideas on AI elsewhere.
Sony Pictures and Apollo Global Management have submitted an all-cash, $26 billion offer for Paramount Global, marking the second time the private-equity firm has come in with a bid for the entertainment giant.
The government has referred 860,000 delinquent Covid loans for collection—tacking on billions of dollars in fees for small-business borrowers.
The deal comes after their prior licensing contract expired, prompting Universal to pull all of its artists’ songs off TikTok at the beginning of February.
