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.
Hawaii-bound plane lands in Oakland after possible bird strike
(Reuters) – An Alaska Airlines flight on its way to Hawaii from California made an emergency landing in Oakland on Wednesday after what may have been a bird strike, and all on board were safe, a spokesman for the Port of Oakland said.
TransCanada plans November maintenance on Keystone pipeline
NEW YORK (Reuters) – TransCanada Corp will begin maintenance work next month on its 590,000 barrel-per-day Keystone pipeline, which ships oil from Hardisty, Alberta to the U.S. Midwest and the Cushing, Oklahoma, oil storage hub, the company said on Wed…
Sandy Hook charity fraudster gets eight-month prison sentence
NEW YORK (Reuters) – A New York City woman who tried to cash in on last year’s mass shooting at a Connecticut elementary school by posing as a relative of one of the slain children was sentenced on Tuesday to eight months in prison, authorities said.
