AeroVironment drops 7% on debt pay off plan

An image of a Quantix drone made by AeroVironment. David Mcnew | Getty Images News | Getty Images AeroVironment shares fell 7% Tuesday after the defense contractor said it plans to offer $750 million in common stock and $600 million in convertible senior notes due in 2030 to repay debt. The drone maker said it…

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The Gavel: Justices make their case for Supreme Court funding

Two Supreme Court justices appeared before Congress on Tuesday to testify on the high court’s annual budget request, a performance that was rare for several reasons. Liberal and conservative Justices Elena Kagan and Amy Coney Barrett, appointed by presidents of different political parties, sat together in back-to-back hearings, defending the court’s request for about $228…

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