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NEW YORK, Dec. 26 (UPI) -- U.S. stock indexes closed slightly higher Wednesday despite reports of weaker-than-expected retail sales and further erosion of housing prices.
BETHESDA, Md., Dec. 26 (UPI) -- Lockheed Martin said last week it has bought PercepTek, a Colorado-based software company.
ROCKVILLE, Md., Dec. 26 (UPI) -- BAE Systems said last week it was buying MTC Technologies, a company based in Dayton, Ohio.
GLASGOW, Scotland, Dec. 26 (UPI) -- BAE Systems said its Scottish shipyards had an exceptionally successful year in naval orders.
BROUGH, England, Dec. 26 (UPI) -- British company BAE Systems has begun final assembly on the first production Hawk Advanced Jet Trainer.
FORT WALTON BEACH, Fla., Dec. 26 (UPI) -- The U.S. Army has successfully fired two APKWS rockets from a Kiowa Warrior helicopter.
COLUMBUS, Ohio, Dec. 26 (UPI) -- Skybus, a U.S. discount airline, canceled more flights Wednesday from Columbus, Ohio, a day after mechanical problems caused a wave of flight cancellations.
NEW DELHI, Dec. 26 (UPI) -- State-run Indian Oil Corp. says it is planning to venture out alone in domestic oil and gas exploration and production activities.
NEW YORK, Dec. 26 (UPI) -- U.S. retailers are hoping for a "Boxing Day" bonus Wednesday as shoppers hunt down discounts on left over Christmas holiday merchandise.
NEW DELHI, Dec. 26 (UPI) -- India's Power Ministry said the power capacity addition target for this fiscal year is likely to fall short by 4,300 megawatts.
NEW DELHI, Dec. 26 (UPI) -- India has proposed an exploration holiday for oil companies as the country's shortage of rigs continues.
NEW DELHI, Dec. 26 (UPI) -- India's ONGC-Mittal Energy Ltd. has bagged a gas block in Trinidad and Tobago.
U.S. markets lower on retail woes ... Buffett pays $4.5 billion in Marmon deal ... U.S. housing market 'remains grim' ... Toyota sets sales target to topple GM ... News from United Press International.
WASHINGTON, Dec. 26 (UPI) -- Some U.S. manufacturers are benefiting from the falling U.S. dollar by increasing exports to help make up for slowing domestic sales.
NEW YORK, Dec. 26 (UPI) -- Giving and receiving gift cards has become a holiday tradition and more states are taking action to make them more user-friendly.
NEW YORK, Dec. 26 (UPI) -- U.S. home prices in 10 major cities fell 6.7 percent in October compared to year-ago prices, a survey by Standard & Poors/Case-Shiller reported Wednesday.
NAGOYA, Japan, Dec. 26 (UPI) -- Toyota Motor Corp. set a sales target of 9.85 million vehicles worldwide for 2008, aiming to break General Motors' record of 9.55 million in annual sales.
WASHINGTON, Dec. 26 (UPI) -- The year 2007 was the year the U.S. ballistic-missile defense program dodged the bullet it was supposed to bite.
MOSCOW, Dec. 26 (UPI) -- Russian space industry experts are currently discussing the concept of a federal program to use the results of space research to aid national socioeconomic development.
BELGRADE, Serbia, Dec. 26 (UPI) -- Russia has offered Serbia $1.5 billion for control of its oil industry and additional deals related to a gas pipeline and a gas underground storage.
Buffett pays $4.5 billion in Marmon deal
CHICAGO, Dec. 26 (UPI) -- Warren Buffett's Berkshire Hathaway Inc. is buying 60 percent of Marmon Holdings, Inc., a $7 billion-a-year conglomerate owned by Chicago's Pritzker family.
NEW YORK, Dec. 25 (UPI) -- Electronic greetings are gaining popularity for Christmas as U.S. consumers and companies look for ease and environmental friendliness.
ANCHORAGE, Alaska, Dec. 25 (UPI) -- Alaska residents are weighing the risks of heavy-metal pollution against the financial benefits of a proposed gold mine on a major salmon river.
TOKYO, Dec. 25 (UPI) -- Sanyo Electric of Japan Tuesday faced a $73,000 fine and possible delisting of its shares after correcting its unconsolidated earnings for the past six years.
WASHINGTON, Dec. 25 (UPI) -- Christmas travelers with tickets on MAXjet found themselves stranded Tuesday at airports across the United States and in England.
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President Barack Obama throws a football at Soldier Field in Chicago
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President Barack Obama throws a football on the field at Soldier Field following the NATO working dinner in Chicago, Illinois, May 20, 2012. UPI/Pete Souza/White House Photo