U.S. says states’ lawsuits vs S&P belong in state courts
(Reuters) – The U.S. government, which is pursuing a $5 billion lawsuit accusing Standard & Poor’s of misleading investors by inflating its credit ratings, on Friday asked a federal judge to move similar cases by 15 U.S. states and the District of Columbia back to state courts.
Lawmakers want perjury probe for Corzine
WASHINGTON (Reuters) – A group of Republican lawmakers called on Friday for a criminal investigation of Jon Corzine, the head of failed futures broker MF Global, saying he may have committed perjury when speaking before Congress in 2011.
Sixty removed from U.S. military jobs in sexual assault review
WASHINGTON (Reuters) – Sixty people have been removed from jobs as military recruiters, drill instructors and victims counselors as a result of screenings ordered following a jump in the number of sexual assault in the U.S. armed forces, officials said…
U.S. Air Force delays rescue helicopter contract award
WASHINGTON (Reuters) – The U.S. Air Force has delayed the award of a contract valued at up to $6.8 billion for a new combat search and rescue helicopter program until the first quarter of fiscal year 2014, which begins October 1, spokesman Ed Gulick sa…
U.S. issues global travel alert, cites al Qaeda threat
WASHINGTON (Reuters) – The United States issued a worldwide travel alert on Friday warning Americans that al Qaeda may be planning attacks in August, particularly in the Middle East and North Africa.
After two decades, U.S. Navy near deal to settle ‘Flying Dorito’ suit
WASHINGTON (Reuters) – On the list of Pentagon weapons programs gone awry, the Navy’s A-12 Avenger attack jet stands out.
Britain’s Conservatives hire Obama campaign chief in election role
LONDON (Reuters) – Britain’s governing Conservative Party has hired U.S. President Barack Obama’s former campaign manager as part of its election team ahead of polls due in less than two years, the party said.
Postal Service could start shipping alcohol under Senate proposal
WASHINGTON (Reuters) – The cash-strapped Postal Service could tap a rich new revenue stream if Congress adopts the idea of two senators who want to allow it to ship alcohol, a business reserved for more than a century for its private competitors.
Lawmaker tightens screws on IRS with Treasury subpoena
WASHINGTON (Reuters) – A senior Republican lawmaker on Friday issued a subpoena to Treasury Secretary Jack Lew seeking documents related to a nearly three-month old congressional probe of the Internal Revenue Service’s treatment of conservative politic…
Analysis: In Obamacare rate debate, price gets political
NEW YORK (Reuters) – With the October 1 date for enrollment in the health insurance exchanges being created by Obamacare less than two months away, a war of numbers has been escalating.
