China Unicom, Spain’s Telefonica expand alliance with $1 billion share exchangeBEIJING — Spanish phone company Telefonica SA and China Unicom Ltd., one of China’s three main state-owned carriers, say they will expand a strategic alliance and buy $1 billion worth of each other’s shares. Britain’s prime minister faces outrage over refusal to press Libya for terrorism compensationLONDON — Britain made no demands that Libya offer compensation for Britons killed by Libyan explosives supplied to the Irish Republican Army for fear it could jeopardize ties with Tripoli, according to new documents released Sunday. British prime minister faces outrage over refusal to press Libya for terrorism compensationLONDON — Britain made no demands that Libya offer compensation for Britons killed by Libyan explosives supplied to Irish Republican terrorists for fear it could jeopardize ties with Tripoli, according to new documents released Sunday. Feds play global cat-and-mouse game with smugglers of weapons and equipment bound for IranWASHINGTON — The arrest of a reputed arms dealer known as “The Field Marshal” is the latest success in a global cat-and-mouse game between federal agents and a network of shadowy business figures trying to smuggle weapons and equipment to Iran from the country most determined to stop them: the United States. World body says Boeing rival Airbus got illegal aid _ a trade victory for US aviation giantWASHINGTON — In a victory for Boeing Co., the World Trade Organization sided with the American aviation giant Friday in finding that European countries had provided billions in illegal subsidies to chief competitor Airbus. Boeing wins big trade victory _ world body rules that European rival Airbus got illegal aidWASHINGTON — In a major victory for Boeing Co., the World Trade Organization sided with the American aviation giant Friday in finding that European countries have provided billions in illegal subsidies to chief competitor Airbus. Lockheed Martin gets $13.5 million Navy deal for services on DDG-51 destroyersWASHINGTON — A division of Lockheed Martin Corp. received a $13.5 million contract boost from the Navy for management and engineering services for the DDG-51 destroyer, the Pentagon said late Friday. Boeing gets $102.3 million Air Force deal for logistics on aerial refueling tankersWASHINGTON — Boeing Co.’s McDonnell Douglas Corp. received a $102.3 million contract boost from the Air Force for logistics support for the KC-10 and KDC-10 aerial refueling tankers, the Pentagon said late Thursday. FACT CHECK: Biden cheers stimulus progress, but doesn’t mention problemsWASHINGTON — Vice President Joe Biden proclaimed success beyond expectations for the $787 billion economic stimulus, but his glowing assessment overlooks many of the program’s problems, including delays in releasing money, questionable spending priorities and project picks that are under investigation. Melee at Iranian exiles camp suggests dangers as US eases out, Iraq takes controlBAGHDAD — The women formed a human chain while the men chanted, confronting Iraqi troops moving into their compound. Gunfire rang out, and the soldiers waded in with batons, wooden bats and automatic weapons. Repeat offender Pfizer paying record $2.3B settlement for illegal drug promotionsWASHINGTON — Federal prosecutors hit Pfizer Inc. with a record-breaking $2.3 billion in fines Wednesday and called the world’s largest drugmaker a repeating corporate cheat for illegal drug promotions that plied doctors with free golf, massages, and resort junkets. Lockheed Martin gets $421.1 million Air Force pact for services for Air and Space OperationsWASHINGTON — A unit of Lockheed Martin Corp. received a $421.1 million contract boost from the Air Force for services for the Air and Space Operations Center, the Pentagon said late Wednesday. Boeing, Airbus expect long-awaited WTO ruling in Round 1 of battle over airliner subsidiesGENEVA — Boeing and Airbus expect to find out Friday who won the first round in their epic trade dispute, when the World Trade Organization rules on a five-year-old U.S. complaint that argues European governments unfairly financed Airbus’ climb to world No. 1 planemaker. Starbucks to take control of French operations, turn it into a company-run businessNEW YORK — Starbucks Coffee Co. said Tuesday that it is taking full control of its French operations and turning it into a company-run business. A 2-minute drill: Tenn. firm to build portable shelters that set up quickly by pushing buttonCHATTANOOGA, Tenn. — A defense contractor said Tuesday it will start building portable shelters for natural disasters and war zones that quickly unfold like a Transformer toy. Raytheon wins $26.9 million award to provide technical aid to Taiwan’s missile defense systemTEWKSBURY, Mass. — Defense contractor Raytheon Co. said Tuesday it has been awarded a contract worth $26.9 million to provide technical assistance to Taiwan’s missile defense system. Pow! Disney captures Spider-Man, Iron Man and other Marvel characters in $4 billion dealLOS ANGELES — The Walt Disney Co. is punching its way into the universe of superheroes and their male fans with a deal announced Monday to acquire Marvel Entertainment Inc. for $4 billion, bringing characters such as Iron Man and Spider-Man into the family of Mickey Mouse and “Toy Story.” Defense chief renews threat of White House veto if Congress insists on 2 suppliers for engineFORT WORTH, Texas — The Obama administration renewed a threat Monday to veto a $680 billion defense spending bill if it includes money for two separate engines for the next-generation jet fighter, a luxury the Pentagon says it cannot afford. Fla. man accused of illegally supplying Afghans with Chinese-made ammo reaches plea dealMIAMI — A man accused in a scheme to illegally ship nearly $300 million in Chinese-made ammunition to the Afghan military has agreed to a plea deal that could send him to prison for up to five years. MGM Mirage brands grow in Asia, Middle East with less gambling as co. tries franchising, mgt.LAS VEGAS — Struggling with an economy that has gouged gambling profits and cut casino companies’ ability to borrow, MGM Mirage hopes to keep expanding its international hotel and casino empire and fattening its profit — but have other companies foot the bill. MGM Mirage brands grow in Asia, Middle East with less gambling as company tries franchisingLAS VEGAS — Struggling with an economy that has gouged gambling profits and cut casino companies’ ability to borrow, MGM Mirage hopes to keep expanding its international hotel and casino empire and fattening its profit — but have other companies foot the bill. Sharks deal defensemen Ehrhoff and Lukowich to Vancouver for 2 prospectsThe San Jose Sharks traded veteran defensemen Christian Ehrhoff and Brad Lukowich to the Vancouver Canucks on Friday for two prospects in a move to create space under the salary cap. Headlines and front lines: Army focuses on the often stormy military-media relationshipFORT LEAVENWORTH, Kan. — A reporter died with George Custer at the Battle of Little Big Horn, but the days of such a close kinship between journalists and military officers seem long gone. South American presidents call on Obama to explain US strategic interests in Latin AmericaBARILOCHE, Argentina — South American presidents wrangled for hours Friday over a pending deal to expand the U.S. troop presence in Colombia, closing their meeting with a statement that foreign troops should not be allowed to threaten any of the region’s nations. Defense contractor Kratos to sell 26 million common shares to institutional investorsSAN DIEGO — Kratos Defense & Security Solutions Inc. said Friday it will sell 26 million common shares directly to institutional investors for 72 cents per share. Secrecy surrounding Colombia-US military riles ‘Yankees go-home’ crowdBARILOCHE, Argentina — Secrecy surrounding a military agreement between the U.S. and Colombia has critics warning of a new Yankee menace to the continent. Leaders at Friday’s South American summit want assurances they won’t be targeted. Colombia-US base access deal, secrecy surrounding talks, riles region ahead of summitBARILOCHE, Argentina — It might have seemed like nothing more than a contract renewal to U.S. negotiators — a 10-year lease on space at seven Colombian bases that would improve the fight against drug traffickers and leftist rebels. Terex gets $5.6 million defense contract for rock crusher machineWASHINGTON — Heavy equipment maker Terex Corp. received a $5.6 million contract from the Defense Logistics Agency for a rock crusher jaw plant, the Pentagon said late Thursday. Raytheon gets $19.8 million Air Force to begin production of radar warning receiverWASHINGTON — Military contractor Raytheon Co. received a $19.8 million contract boost from the Air Force to begin production of a radar warning receiver, the Pentagon said Thursday. Air BP gets $112.1 million Pentagon deal to provide fuelWASHINGTON — Air BP, a division of BP Products North America Inc., received a $112.1 million contract from the Defense Logistics Agency for fuel, the Pentagon said late Thursday. |
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