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Joby Aviation Is Spending $450 Million in Cash to Roughly Double Its Revenue

Key PointsJoby agreed last month to buy defense technology company Resonant Sciences for about $500 million, mostly in cash.

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Korea Southern Power Repatriates $100 Million

The first case has emerged of a public power corporation repatriating large-scale profits earned from investments in United States power generation assets back to South Korea.

  • Korea Southern Power repatriates $100 million in profits.
  • Profits from $1.085 billion combined cycle gas plant in Michigan.
  • Funds used to repay borrowings and fund domestic renewables.

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