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AP National Business

Argentina’s debt deal with IMF gets final legislative OK

By ALMUDENA CALATRAVA and DÉBORA REY Associated Press BUENOS AIRES, Argentina (AP) — Argentina’s Senate has given final legislative approval for President Alberto Fernández’s administration to refinance the government’s $45 billion debt with the International Monetary Fund and avoid a default. The lawmakers voted 56 to 13, with three abstentions, on Thursday to approve the

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US Textron to acquire Slovenian electric aircraft pioneer

LJUBLJANA, Slovenia (AP) — U.S. industrial conglomerate Textron Inc. has signed a deal to acquire Pipistrel, the Slovenian ultralight aircraft maker and pioneer in electrically powered aviation. The Slovenian plane maker posted on Twitter Thursday that the partnership will combine the expertise of both companies and “accelerate Pipistrel’s  development and certification of sustainable aircraft.” Textron

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US expels another Chinese phone carrier on security grounds

By JOE McDONALD AP Business Writer BEIJING (AP) — Washington has expelled another state-owned Chinese phone carrier from the U.S. market over national security concerns amid rising tension with Beijing. The Federal Communications Commission revoked authorization for Pacific Networks Corp. to provide domestic and international service. The U.S. is reducing Chinese access to American markets

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