Business

The Defense Department and the State Department aren’t doing a good job of communicating about some of the key arms transfers for Ukraine, according to a GAO report out Tuesday. The United States has pledged $6.33 billion in foreign…

Despite “being forced” to lay off dozens of journalists this year, the CBC was able to afford paying $3.3 million to 45 executives, for an average of over $70,000.00 per person. We reached out to a number of CBC execs so they could justify…

CAPE CANAVERAL, FL – The pair of NASA astronauts stranded by mechanical failures on Boeing’s new Starliner spacecraft have been offered $200 in coupons from the company to be used on their next trip into space. Captains Butch Wilmore…

Lockheed Martin and Pentagon officials are back to negotiating a traditional F-35 sustainment contract after the company failed to convince its largest customer to move to a five-year performance-based logistics deal that, company officials…

OTTAWA – It was with a mix of embarrassment and concern that economists announced yesterday that almost the entire North American GDP, long thought to be a mature economy, is actually just 26,000 Slack messages in a trench coat. “Upon…

DAYTON, Ohio—Foreign countries are buying more weapons through the U.S. Air Force than ever before, due in large part to global instability, officials say. “Business has been booming, I understand, for this team, as events happen…

FARNBOROUGH, UK—Several U.S. defense companies are considering joint production inside Ukraine, but questions remain about the safety of doing business in a war zone, the persistence of corruption, and the long-term business case. The…

OTTAWA – Canada’s top oil producers have issued a joint statement saying government overregulation is keeping the country’s oil industry from having the same negative output as their United States equivalents. “Did you know that America…

A recent trek to southern California brought not only a trip down memory lane for this writer but also a case of sticker shock. Consider just some of the expenses that busted my food budget: $10.71 for a McDonald’s McMuffin meal; $15.93 for…

DAYTON, Ohio—The Air Force’s complex effort to put new engines and radars on its 1960s-era B-52 Stratofortresses is running billions of dollars over budget, according to service officials. The service wants to upgrade the…