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U.S. Approves $100 Million C-130 Support Deal for Vietnam

U.S. Approves $100 Million C-130 Support Deal for Vietnam

The U.S. State Department has approved a $100 million deal to supply Vietnam with equipment and support related to the Lockheed Martin C-130 Hercules aircraft. This deal, under the Foreign Military Sales program, includes engine propellers, aircraft components, ground handling equipment, and training services. Although Vietnam does not currently operate the C-130, this move suggests a potential acquisition of the aircraft to enhance its strategic airlift capabilities.
Reuters Reuters
US approves $1.5 billion sale of maritime helicopters to New Zealand

US approves $1.5 billion sale of maritime helicopters to New Zealand

June 6 (Reuters) - The U.S. approved the $1.5 billion sale of five Seahawk maritime helicopters to New Zealand, which has pledged to nearly double its military spending as it seeks to boost defence capabilities. "The U.S.
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How Tesla Survived a CEO Crisis That Should Have Killed It

How Tesla Survived a CEO Crisis That Should Have Killed It

In 2018, Elon Musk’s erratic behavior triggered a crisis that threatened Tesla, yet the company thrived. Here’s how it navigated the chaos.
Reuters Reuters
Coca-Cola CFO flags uneven demand, warns of Middle East risks into 2027

Coca-Cola CFO flags uneven demand, warns of Middle East risks into 2027

June 4 (Reuters) - Coca‑Cola is adjusting ways to keep its drinks both affordable and appealing as consumer demand remains uneven across income groups, CFO John Murphy said at an industry conference on Thursday.
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Corporate Restatements Drop by 18% in 2025, Reflecting Long-Term Decrease

Corporate Restatements Drop by 18% in 2025, Reflecting Long-Term Decrease

Corporate Restatements Drop by 18% in 2025, Reflecting Long-Term Decrease
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Austal USA Expands Leadership Team with Key Appointments to Drive Growth

Austal USA Expands Leadership Team with Key Appointments to Drive Growth

Austal USA Expands Leadership Team with Key Appointments to Drive Growth
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Attorney Allison K. Perry Rejoins Bracewell as Partner in Houston

Attorney Allison K. Perry Rejoins Bracewell as Partner in Houston

Attorney Allison K. Perry Rejoins Bracewell as Partner in Houston
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Allison K. Perry Rejoins Bracewell as Partner in Houston Office

Allison K. Perry Rejoins Bracewell as Partner in Houston Office

Allison K. Perry Rejoins Bracewell as Partner in Houston Office
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U.S. and European Defense Industries Face Pressure Amid Ukraine Conflict

U.S. and European Defense Industries Face Pressure Amid Ukraine Conflict

The ongoing conflict between Russia and Ukraine has highlighted the strategic importance of air defense systems, particularly in the face of large-scale missile and drone attacks. A recent attack by Russia on June 1-2 involved 729 aerial targets, including 73 missiles and 656 drones, with Ukrainian defenses successfully neutralizing 642 of them. This situation underscores the increasing reliance on the production and deployment of interceptors to maintain a strategic balance. The United States has responded by expanding production capabilities, with Lockheed Martin delivering over 600 PAC-3 MSE interceptors in 2025. However, the demand for these systems is global, and production lead times remain a challenge.
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Major U.S. Markets Hit Record Highs Amid AI Optimism

Major U.S. Markets Hit Record Highs Amid AI Optimism

Major U.S. Markets Hit Record Highs Amid AI Optimism
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Sunshine Silver Mining raises $270 million in US IPO

Sunshine Silver Mining raises $270 million in US IPO

June 3 (Reuters) - Sunshine Silver Mining & Refining ​Company raised $270 million in its U.S. initial public offering on Wednesday, joining a growing number of companies rushing to seize buoyant investor enthusiasm for fresh listings.
TheStreet TheStreet
Chevron CEO sends blunt message on oil, the economy

Chevron CEO sends blunt message on oil, the economy

Oil is up more than 50% since the Iran war began. The Strait of Hormuz is running at less than 10% of normal vessel traffic. And the world's largest energy companies are being asked to make billion-dollar decisions in an environment that has rarely been harder to read. On May 29, the CEO of one of ...