Trains in San Francisco keep running as labor talks back on
SAN FRANCISCO (Reuters) – Negotiators hoping to avert a potentially crippling rail strike in the San Francisco Bay Area returned to the bargaining table on Wednesday to try to reach a deal, after unions agreed late Tuesday to put off striking for a thi…
Pentagon withholding payments from six weapons makers
WASHINGTON (Reuters) – The U.S. Defense Department is withholding payments from six arms makers for problems with their internal business systems, including Lockheed Martin Corp, Northrop Grumman Corp and two United Technologies Corp units.
U.S. Naval Academy ex-athlete arraigned in sex assault case
WASHINGTON (Reuters) – One of two former U.S. Naval Academy football players charged with sexually assaulting an intoxicated female midshipman was arraigned on Wednesday and will plead not guilty, his attorney said.
At 11th hour, U.S. edges away from brink of debt crisis
WASHINGTON (Reuters) – U.S. Senate leaders announced a deal on Wednesday to end a political crisis that partially shut down the federal government and brought the world’s biggest economy close to a debt default that could have threatened global financi…
NY attorney general names new investor-protection chief
NEW YORK (Reuters) – New York Attorney General Eric Schneiderman on Wednesday named a new chief for his office’s Investor Protection Bureau, which is probing abuses by Wall Street banks in the sale of mortgage-backed securities before the financial cri…
Lockheed to lay off 600 workers in mission systems, training
WASHINGTON (Reuters) – Lockheed Martin Corp, the largest U.S. defense contractor, on Wednesday announced plans to lay off 600 workers in its Mission Systems and Training Division, citing increasing challenges in the business environment
U.S. Supreme Court ponders pre-trial asset freezes in criminal cases
WASHINGTON (Reuters) – The U.S. Supreme Court appeared closely divided on Wednesday on whether criminal defendants can challenge a court’s decision to freeze their assets before trial.
Pentagon to review progress of F-35 fighter program next week
WASHINGTON (Reuters) – Top Pentagon officials will examine the cost of building and operating the Lockheed Martin Corp F-35 fighter jet at a major review of the $392 billion program next week that will also provide updates on lingering technical issues…
U.S. farm bill negotiators may begin work next week
WASHINGTON (Reuters) – House and Senate negotiators could meet for the first time next week to work on the new $500 billion U.S. farm bill, more than a year past due and repeatedly delayed by House Republican plans for steep cuts in food stamps for the…
Federal judge says he will not yet rule on Michigan gay marriage
DETROIT (Reuters) – A federal judge said he would not rule on Wednesday whether Michigan’s ban on same-sex marriage is constitutional, in a closely-watched case involving a lesbian couple who wanted to marry so they could adopt each other’s children.
