Italian Police Raid Drone Manufacturer Over Alleged Chinese Takeover

Italian Police have raided Alpi Aviation, an aviation manufacturer that supplies drones for the armed forces on suspicion that it had been bought illegally by Chinese state companies. According to the Guardia di Finanza of Pordenone Alpi Aviation was illegally …

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DraftKings Stock Drops Over 5 Percent after Announcing Billion Dollar Convertible Debt Offering

Popular sports betting app DraftKings saw its shares take a dive of more than 5% on Monday following news that it would offer $1 billion in convertible debt offerings. The private offering, which DraftKings announced early Monday morning, would be …

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