WASHINGTON, Dec. 18 (UPI) -- First-time claims for U.S. unemployment insurance declined 21,000 during the week ending Dec. 13, the U.S. Department of Labor reported Thursday.
ARLINGTON, Va., Dec. 18 (UPI) -- On Dec. 10 The New York Times ran a lengthy story by Christopher Drew about the U.S. Air Force's F-22 fighter, saying that Pentagon plans to terminate production of the plane put President-elect Barack Obama's military and economic goals on a "collision course."
TALLAHASSEE, Fla., Dec. 18 (UPI) -- Florida's lead negotiator in the $1.34 billion U.S. Sugar Corp. land deal said there were hurdles ahead financially and politically to keep the project viable.
WASHINGTON, Dec. 18 (UPI) -- A dollar made weaker by U.S. Federal Reserve interest rate cuts could undermine the economic recovery the Fed is trying to design, a financial expert said.
DETROIT, Dec. 18 (UPI) -- U.S. automakers Ford and Chrysler said they would cut production schedules in response to slumping sales, taking steps similar to General Motors Corp.
TORONTO, Dec. 18 (UPI) -- Bank of Canada Gov. Mark Carney says the country is mired in the international financial crisis, but it's not a dead-end street.
TORONTO, Dec. 18 (UPI) -- Red-faced officials with the Toronto Stock Exchange, North America's third largest market, said trading would resume Thursday after losing a day.
NEW YORK, Dec. 17 (UPI) -- Chrysler LLC is shutting down all U.S. vehicle production for a month, the company said Wednesday, citing a lack of consumer credit and slow sales.
NEW YORK, Dec. 17 (UPI) -- The New York financier accused of perpetrating an alleged $50 billion fraud was ordered by a judge Wednesday to be detained in his Manhattan apartment.
WASHINGTON, Dec. 17 (UPI) -- Senior Russian diplomats are pledging to cooperate with the incoming Obama administration to conclude a far-reaching nuclear arms reduction treaty by the end of next year.
CHICAGO, Dec. 17 (UPI) -- Grains closed mixed on the Chicago Board of Trade Wednesday as the dollar slipped against the euro and yen and oil ministers announced a major production cut.
HAIFA, Israel, Dec. 17 (UPI) -- The Israeli Ministry of Defense has selected Elbit Systems to support Israeli battalions with the company's mini-unmanned aerial vehicle technology.
CHARLOTTE, N.C., Dec. 17 (UPI) -- Lockheed Martin has contracted Goodrich Corp. to supply composite structures in support of a submarine deal with the Spanish navy.
NEW YORK, Dec. 17 (UPI) -- The U.S. Navy has received the first of eight EP-3E aircraft after the integration of reconfigured intelligence capabilities performed by L-3 Communications.
WASHINGTON, Dec. 17 (UPI) -- The incoming Obama administration should warn the Islamic Republic of Iran that continued meddling in Iraq, particularly cross-border support for the "special groups" and other forces hostile to the Iraqi government, will destroy the possibility of better relations with the United States, slow the pace of withdrawal of U.S. combat forces and increase the size of the residual force that President-elect Barack Obama promised to maintain in Iraq to assist the Iraqi government in fighting terrorism.
YORK, Pa., Dec. 17 (UPI) -- The U.S. Army has awarded BAE Systems a group of contracts for the company to provide engineering support for RG33 mine resistant ambush protected vehicles.
SINGAPORE, Dec. 17 (UPI) -- Epuron Pte. Ltd. Singapore and GE Energy Financial launched the Asia-Pacific region's first renewable energy private trust.
NISKAYUNA, N.Y., Dec. 17 (UPI) -- The U.S. Homeland Security Department has contracted General Electric to develop a threat detection imaging technology.
Markets close lower ... Auto dealerships waiting for good news ... OPEC makes biggest production cut ever ... Morgan Stanley posts $2.36 billion loss ... News from United Press International.
DETROIT, Dec. 17 (UPI) -- A former China World Trade executive has pleaded guilty in a U.S. federal court to multiple counts of fraud stemming from an e-mail stock manipulation scheme.
MCLEAN, Va., Dec. 17 (UPI) -- The U.S. Air Force has contracted Alion Science and Technology for modeling and simulation services in support of the Air Combat Command.
Ray Liotta (L), Brad Pitt (C) and Dede Gardner arrive on the red carpet before the screening of the film "Killing Them Softly" during the 65th annual Cannes International Film Festival in Cannes, France on May 22, 2012. UPI/David Silpa
