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U.S. markets recover from steep losses
WALTHAM, Mass., June 29 (UPI) -- The U.S. Securities and Exchange Commission has authorized a final $12 million settlement of an investigation of Raytheon Co.
The SEC probe concerned Raytheon's disclosures and accounting practices, primarily related to its Raytheon Aircraft Co. commuter aircraft business, during the period 1997-2001.
Raytheon said Thursday it had not admitted or denied wrongdoing and will pay a $12 million penalty.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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FORT WAYNE, Ind., May 23 (UPI) --
Self-encrypting drives to protect data on mobile platforms such as laptops are to be developed for the U.S. Air Force by ITT Exelis.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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