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Boeing delivers C-17 to RAF

DETROIT, May 15 (UPI) -- The United Auto Workers union has postponed a threatened strike at the Visteon plant in Rawsonville, Mich., for one week.
The union cited improvements in its contract talks with Visteon for its decision. Union officials representing Local 898 now have set a strike deadline of May 21 at 11:59 p.m., the Detroit Free Press said.
A union hot-line reported "some positive movement" toward resolution of local issues.
The union is at odds with Visteon because the supplier wants to reduce its workforce by 30 percent to 40 percent of its 2,074 hourly workers. a UAW spokesman said.
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ASUNCION, Paraguay, May 22 (UPI) --
Land-locked Paraguay is hoping the latest investor seeking oil in its promising western region will have better results than previous prospectors.
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WASHINGTON, May 22 (UPI) --
A U.S. Senate committee report has revived controversy over alleged counterfeit Chinese electronic components entering U.S.-made defense equipment and weapons.
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Like housing markets overall, the market for luxury homes is growing tighter as the spring buying progresses. Though still a buyer's market, the ILHM Luxury Housing Report for last week shows a pattern of rising prices and fewer days on market since...
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What if Europe turned out to be the new Japan?
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