(The Center Square) – Wolfspeed, the silicon carbide power solutions company headquartered in North Carolina, once in line for three-quarters of $1 billion from the Biden administration, has emerged from Chapter 11 bankruptcy strengthened by $698.6 million in cash tax refunds from the IRS. The money comes through the Advanced Manufacturing Investment Credit under Section […]

The bidding process to determine who will take over Warner Bros. Discovery is expected to enter into a third round as Paramount Skydance angles to acquire one of Hollywood’s largest film studios. Paramount is vying with Comcast and Netflix in a bidding process to buy out WBD, a deal that promises to shake up the […]

French President Emmanuel Macron is courting China as a prospective peacemaker in Ukraine after privately voicing concern that the U.S. will “betray” Kyiv. Macron met with Chinese paramount leader Xi Jinping at the Great Hall of the People on Thursday, where he expressed hope that Beijing “will join our call and our efforts to achieve, […]

The Justice Department said Thursday that federal agents arrested a suspect accused of planting pipe bombs outside the Republican and Democratic national committees on the eve of Jan. 6 in Washington, acknowledging that the break in the case came from evidence the FBI already possessed during Biden administration. Speaking at a press conference inside the […]