WASHINGTON, Dec. 9 (UPI) -- U.S. crude oil inventories dropped by 3.8 million barrels in the week ending Dec. 4, the U.S. Energy Information Administration said Wednesday.
NEW YORK, Dec. 9 (UPI) -- Crude oil prices dropped sharply Wednesday to under $71 per barrel, as stock markets in Asia and Europe slid lower for the second consecutive day.
ABU DHABI, United Arab Emirates, Dec. 9 (UPI) -- Engine and power system manufacturer Rolls-Royce has won a contract to supply 24 lightweight water jets for the navy of the United Arab Emirates.
LONDON, Dec. 9 (UPI) -- The prospect of hostile forces aiming to attack Western targets by stealth through underwater channels is worrying defense planners so much that naval strategists have called a conference that will focus on the problem.
CHICAGO, Dec. 9 (UPI) -- Grain futures closed mostly lower on the Chicago Board of Trade Wednesday as harvest-halting winter weather blanketed much of the Midwest and Northeast.
CHICAGO, Dec. 9 (UPI) -- A huge plane order from United Airlines may have sent U.S. plane maker Boeing a message that its 777 jet program requires help, an industry analyst said.
U.S. markets break pattern, head higher ... Treasury to extend TARP for 10 months ... Volkswagen to buy one fifth of Suzuki ... Credit card firms prepared for new law ... News from United Press International.
CHICAGO, Dec. 9 (UPI) -- The number of U.S. chief executive officers who have left their jobs in 2009 is down 17.6 percent from a year ago, private researchers said.
NEW YORK, Dec. 9 (UPI) -- U.S. markets pulled away from a two-day slide Wednesday, after major boards in Asia and Europe closed lower for the second consecutive day.
LONDON, Dec. 9 (UPI) -- British Chancellor of the Exchequer Alistair Darling announced a tax on bankers' bonus checks, but said in a budget presentation banks would foot the bill.
WASHINGTON, Dec. 9 (UPI) -- U.S. Treasury Secretary Timothy Geithner says he has extended the $700 billion Troubled Asset Relief Program until October with a new focus.
LONDON, Dec. 9 (UPI) -- British budget airline EasyJet said its chief executive officer, Andy Harrison, will step down at the end of June to pursue other challenges.
WOLFSBURG, Germany, Dec. 9 (UPI) -- German automaker Volkswagen said Wednesday it would pay $2.5 billion for a 19.9 percent stake in Japan's Suzuki Motor Corp.
ATHENS, Greece, Dec. 9 (UPI) -- A lower credit rating prompted a sharp drop in Greece's stock market and a call from the European Commission for the government to reduce its deficit.
WIESBADEN, Germany, Dec. 9 (UPI) -- Consumer prices in Germany rose 0.4 percent in November, putting the inflation rate positive for the first time since June, the government said.
WASHINGTON, Dec. 9 (UPI) -- Merchant wholesale trade sales rose 1.2 percent in October from September while inventories rose slower, up 0.3 percent, the U.S. Census Bureau said.
WASHINGTON, Dec. 9 (UPI) -- The volume of applications for U.S. mortgages rose 8.5 percent in a week on a seasonally adjusted basis, an industry group said Wednesday.
BERLIN, Dec. 9 (UPI) -- A media report accuses German lawmakers of acting in the interest of defense industry lobbying groups by delaying purchase decisions for military equipment for German troops in Afghanistan.
NEW YORK, Dec. 9 (UPI) -- Credit card industry analysts say U.S. firms will be able to recoup losses expected from the credit card law that goes into effect in February.
MINNEAPOLIS, Dec. 9 (UPI) -- The U.S. Navy has contracted Alliant Techsystems to deliver ammunition to support a Special Operations Combat Assault Rifle weapon system.
SUNNYVALE, Calif., Dec. 9 (UPI) -- Lockheed Martin has been selected by the U.S. Navy to support the Fleet Ballistic Missile program with hardware and maintenance services.
STOCKHOLM, Sweden, Dec. 9 (UPI) -- Swedish defense authorities have certified software developer Blancco's data erasure technologies for use by the country's armed forces.
WESTWOOD, Mass., Dec. 9 (UPI) -- U.S. company Acumentrics Corp. announced the launch of its next-generation power technology designed to support ruggedized military requirements.
