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Drones over U.S. may pose security risks
WASHINGTON, Dec. 14 (UPI) -- As much as $3.5 billion in federal funds earmarked for airline safety has gone to U.S. airports for low priority projects since 1998, private research shows.
USA Today reported Monday that a study of Federal Aviation Administration data indicates $507 million in federal funds was spent on low-priority projects, including construction of parking lots and hangars for private aircraft.
The number is fivefold what the federal government spent on low-priority airport improvements in 1998, the newspaper said.
Pellston Regional Airport in Michigan, by example, was granted $7.5 million in federal funding to construct a terminal for an airport that averages three out-going flights daily.
Catherine Lang, Federal Aviation Administration acting associate administrator, said, "they're all good projects."
The system the FAA uses to rate projects is slanted towards safety, awarding parking lot projects between 16 and 19 points, while runway lighting projects receive between 77 and 97 points, the newspaper said.
Projects given below 41 points are low-priority projects, the newspaper said.
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WASHINGTON, Feb. 10 (UPI) --
Companies drilling for oil and natural gas in the United States paid only a fraction of their overall profits for drilling violations, a panel found.
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CHARLOTTE, N.C., Feb. 10 (UPI) --
The Babcock and Wilcox Nuclear Operations Group reports a second order for nuclear power components for the U.S. Navy under a contract awarded in 2010.
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Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
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Doubts about the euro are not subsiding, new leadership or not, rescue plan or not.
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