Raytheon, the RTX-owned defense manufacturer based in Andover, Massachusetts, announced that the U.S. Navy awarded it a $1.8 billion contract extension for hardware production and sustainment of the SPY-6 family of radars, building on an initial contract the company received in March 2022. The extension carries options that, if the Navy exercises all of them, […]

Lexus is Toyota's luxury division, but Toyota often builds a Lexus-badged twin to capture buyers who want that extra refinement without the higher sticker price. The Grand Highlander and the Lexus TX mimic that pattern as closely as any two vehicles have. Both are three-row midsize SUVs, both ride on a version of the same platform, and both come from the same Toyota Motor Manufacturing plant in Princeton, Indiana.

FTX will distribute nearly $900 million to eligible creditors on July 31, marking its fifth payout round in its bankruptcy recovery process.

FTX has scheduled its fifth creditor distribution for July 31, preparing to return nearly $900 million as founder Sam Bankman-Fried’s efforts to secure clemency face political resistance. According to an FTX press release, the bankrupt exchange will distribute funds to…