President Trump on Monday threatened to further raise tariffs on India over the nation's purchases of Russian oil, accusing the country of profiteering.
Why it matters: Having failed to strike a trade deal with India, after months of saying one was imminent, Trump is now going on the offensive against a long-standing ally.
Joby Aviation is buying Blade Air Mobility's urban air taxi business for up to $125 million, giving it a base of loyal passengers as it begins to gradually replace conventional helicopters with quieter electric air taxis.
Why it matters: The deal will give Joby a head start over competitors by providing immediate market access and scale, while reducing costs for new vertiports and customer acquisition, Joby said.
