Business News

WASHINGTON, Dec. 11 (UPI) -- The U.S. trade deficit increased by $600 million in October, the U.S. Bureau of Economic Analysis said Thursday.

WASHINGTON, Dec. 11 (UPI) -- First-time claims for U.S. unemployment insurance jumped by 58,000 during the week ending Dec. 6, the U.S. Department of Labor reported Thursday.

WASHINGTON, Dec. 11 (UPI) -- Any new policy to help struggling U.S. homeowners will have to wait until a new president is sworn in, a White House official said.

BEIJING, Dec. 11 (UPI) -- China said Thursday its annual inflation rate slowed to 2.4 percent in November, the seventh straight month of decline.

WASHINGTON, Dec. 10 (UPI) -- The U.S. House OK'd a plan Wednesday night to rebuild the nation's domestic automobile industry, but Senate Republicans might run it in a ditch.

WASHINGTON, Dec. 10 (UPI) -- The troubled history of the Russian Bulava submarine-launched ballistic missile program is a textbook example of the problems that can plague an ambitious weapons program -- and how they can be overcome.

WASHINGTON, Dec. 10 (UPI) -- A House committee Wednesday criticized the U.S. Treasury for failing to ensure the $700 billion financial markets bailout is doing what it's supposed to do.

ROCHESTER, N.Y., Dec. 10 (UPI) -- The National Security Agency has certified that an Ethernet module developed by Harris Corp. meets the agency's communication security requirements.

PALMDALE, Calif., Dec. 10 (UPI) -- The U.S. Air Force and Lockheed Martin announced a milestone achievement with the first successful computer-controlled landing of an F-16 Falcon aircraft.

FAIRFAX, Va., Dec. 10 (UPI) -- The U.S. Army has contracted General Dynamics to provide training support for the Ordnance Mechanical Maintenance School in Maryland.

ROME, Dec. 10 (UPI) -- The Italian government says it's shoring up the parmigiana market by buying 100,000 wheels of the famed cheese to give to charity.

NEW YORK, Dec. 10 (UPI) -- Crude oil prices rose on the New York Mercantile Exchange Wednesday, with investors concerned about a Dec. 17 producers' meeting.

CHICAGO, Dec. 10 (UPI) -- Grains closed sharply higher on the Chicago Board of Trade Wednesday, a day ahead of a critical U.S. Department of Agriculture Supply/Demand Report.

U.S. markets close up modestly ... Shareholder presses Yahoo! to think sale ... Recession in Germany may be worst ever ... Exec says stimulus should help airlines ... News from United Press International.

SODDY-DAISY, Tenn., Dec. 10 (UPI) -- Saturn vehicle fans say they are pleading with General Motors not to abandon the brand as the U.S. auto giant struggles to regain profitability.