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MINNEAPOLIS, Dec. 20 (UPI) -- Alliant Techsystems said Wednesday it has won an U.S. Army ammunition plant operating contract.
LOS ANGELES, Dec. 20 (UPI) -- Los Angeles-based Alelo Inc. has been recognized at the 2007 Interservice Industry Training, Simulation and Education Conference with a top award.
WARRENVILLE, Ill., Dec. 20 (UPI) -- The U.S. Marine Corps announced it has contracted Navistar International Corp. in what is the largest order to date of Mine Resistant Ambush Protected vehicles.
NEW YORK, Dec. 20 (UPI) -- Bear Stearns, the New York brokerage giant, recorded the first quarterly loss in its 84-year history after being saddled with mortgage write-downs.
BEIJING, Dec. 20 (UPI) -- China's central bank boosted its benchmark lending rate by 0.18 percent Thursday, its sixth rate increase this year.
NEW YORK, Dec. 19 (UPI) -- The top branded U.S. gift cards searched for online are Visa and American Express, an Internet monitor reported Wednesday.
ST. LOUIS, Dec. 19 (UPI) -- Google Inc., Microsoft Corp. and Yahoo! Inc. agreed to pay $31.5 million to resolve claims they promoted illegal gambling, the U.S. Justice Department said.
FLINT, Mich., Dec. 19 (UPI) -- General Motors Corp. will sell its profitable medium-duty truck business to Navistar International Corp., a U.S. published report said Wednesday.
STAMFORD, Conn., Dec. 19 (UPI) -- About 3.6 million U.S. consumers lost $3.2 billion in online phishing attacks, up from 2.3 million people last year, a nationwide survey found.
U.S. stocks end mixed on credit fears ... Barclays sues Bear over fund collapse ... S&P cuts ACA bonds to 'junk' status ... Beaujolais growers may have spiked wines ... News from United Press International
TOKYO , Dec. 19 (UPI) -- Japanese Prime Minister Yasuo Fukuda government's first budget Thursday proposed spending $738.2 billion in fiscal 2008, up 0.2 percent from the previous year.
NEW YORK, Dec. 19 (UPI) -- Barclays PLC sued Bear Stearns Cos. Wednesday alleging the New York firm misled it about two big hedge funds that collapsed in the subprime mortgage debacle.
WARRENVILLE, Ill., Dec. 19 (UPI) -- Navistar International Corp. won a $1.2 billion U.S. Marine Corps order for heavily armored mine-resistant, ambush-protected vehicles, the company said.
Nigeria's leading militant group has called for its allies to band together to cripple the country's oil industry through attacks on oil installations.
NEW YORK, Dec. 19 (UPI) -- Oil prices rose more than $1 Wednesday after a U.S. government agency reported a higher-than-expected drop in the nation's oil stockpiles.
NEW YORK, Dec. 19 (UPI) -- U.S. stock indexes ended mixed in an erratic day Wednesday following Morgan Stanley's $3.59 billion quarterly loss due to a $9.4 billion write-down.
Zell to increase Tribune investment
CHICAGO, Dec. 19 (UPI) -- Sam Zell will increase his Tribune Co. investment to close his $8.2 billion leveraged buyout of the U.S. multimedia corporation, Tribune said Wednesday.
LYON, France, Dec. 19 (UPI) -- Police suspect up to 100 winegrowers in France's Beaujolais region of adding sugar to raise the wines' alcohol levels above official limits, authorities said.
WASHINGTON, Dec. 19 (UPI) -- Iraqis are receiving more electricity than last year, according to a Pentagon report, as the power sector, facing obstacles, makes progress.
NEW YORK, Dec. 19 (UPI) -- Standard & Poor's Corp. cut the rating of troubled U.S. bond insurer ACA Financial Guaranty Corp. to "junk" status Wednesday.
JAKARTA, Dec. 19 (UPI) -- The Indonesian government is planning to reduce taxes on equipment as a way to encourage gas exploration.
BALTIMORE, Dec. 19 (UPI) -- UniStar Nuclear Energy will submit plans for a third reactor at a Pennsylvania plant, part of a resurgence of planned nuclear plants in the United States.
Iran, Saudi Arabia to supply more crude to China; Syria, Iraq agree to rehabilitate pipeline; Czech power plant seeks to acquire stake in MOL
TRENTON, N.J., Dec. 19 (UPI) -- New Jersey is suing Reliant Energy for pollution from a Pennsylvania power plant that travels across the Delaware River, threatening the health of residents.
WASHINGTON, Dec. 19 (UPI) -- Iraqi oil production and exports are up, as are the prices they fetch on the market, but corruption is still a concern, a new Pentagon report says.
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65th Annual Cannes International Film Festival
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Viggo Mortensen (L) and Kirsten Dunst arrive at a photocall for the film "On the Road" during the 65th annual Cannes International Film Festival in Cannes, France on May 23, 2012. UPI/David Silpa