Major U.S. weapon makers watched their shares tick upward in trading Monday after the announcement of the Pentagon?s budget plan.
The F/A-18 Super Hornet assembly line faces closure as the Navy prepares to shift to the controversial F-35 Joint Strike Fighter. A March 4 decision on potential future orders looms.
The medals will be presented to World War II, Korea and Vietnam veterans and families, including 17 Latinos, after the Pentagon reexamined their cases.
Rupert Murdoch's 21st Century Fox and private equity giant Apollo Global Management are in preliminary talks to create a global television production house that would manage big hits like "American Idol" and "Deal or No Deal." The deal would combine Fox's Shine Group as well as the Apollo-controlled Endemol and Core Media Group. The joint venture would be one of the largest reality TV producers in the world, controlling franchises like "Master Chef," "The Biggest Loser" and "Big Brother." Joining forces would buttress both companies during a period of intense consolidation in the production industry, particularly among firms...