WASHINGTON, Oct. 2 (UPI) -- The head of a trade group representing U.S. bankers said Wednesday the federal government shutdown will hurt what he called a "shallow recovery" from recession.
WHITEHOUSE STATION, N.J., Oct. 2 (UPI) -- U.S. pharmaceutical giant Merck & Co. has announced plans to make major cuts during the next two years, including cutting 20 percent of its staff.
LONDON, Oct. 2 (UPI) -- An engine depot services facility used on Global Hawk unmanned aerial vehicles is being opened at Tinker Air Force Base in Oklahoma by Rolls-Royce.
WASHINGTON, Oct. 2 (UPI) -- U.S. crude oil inventories rose by 5.5 million barrels in the week that ended Friday, the Energy Information Administration said.
NEW YORK, Oct. 2 (UPI) -- Crude oil prices jumped to just under $104 per barrel in New York Wednesday as TransCanada said construction of the Golf Coast pipeline was nearly complete.
BANGKOK, Oct. 2 (UPI) -- Southeast Asia's energy demand is expected to soar by more than 80 percent through 2035, says a new report from the International Energy Agency.
ALBANY, N.Y., Oct. 2 (UPI) -- New York's top prosecutor said Wednesday he would file suit against Wells Fargo for failing to live up to a 2012 agreement meant to resolve foreclosure abuses.
MELBOURNE, Fla., Oct. 2 (UPI) -- The Harris Corp. says it has developed and delivered a system to help prepare NOAA satellite operators to use a new series of weather satellites.
PRETORIA, South Africa, Oct. 2 (UPI) -- South Africa's Denel group is making more than 200 armored vehicles for the South African National Defense Forces under a contract worth about $900 million.
PARIS, Oct. 2 (UPI) -- Sagem of France is building a new facility in Morocco for the production of mechanical and electronic components for the aerospace industry.
NEW YORK, Oct. 2 (UPI) -- U.S. retail receipts rebounded after two sluggish weeks in the week ending Saturday, the International Council of Shopping Centers said.
TEL AVIV, Israel, Oct. 2 (UPI) -- The pace of the supposed rapprochement between onetime strategic allies Israel and Turkey is almost glacial, casting doubts on the prospect the Jewish state may build a $2 billion gas pipeline under the eastern Mediterranean to feed the European market.
BOWIE, Md., Oct. 2 (UPI) -- Professional services company MIL Corp. is expanding its cybersecurity development, operations and risk mitigation services.
WILMINGTON, Mass., Oct. 2 (UPI) -- A U.S.-made desktop explosives trace detector has been approved for use by France, opening the door for marketing opportunities throughout Europe.
ST. PETERSBURG, Fla., Oct. 2 (UPI) -- The U.S. military has given more than $113 million in contracts to General Dynamics Ordnance and Tactical Systems for ammunition and munition systems.
LAKELAND, Fla., Oct. 2 (UPI) -- Draken International Inc., a provider of commercial and tactical fighter aircraft, has received 25 MiG-21 fighters for U.S. Department of Defense pilot combat training and test pilot schools.
SEOUL, Oct. 2 (UPI) -- Korea Aerospace Industries has begun delivering its T-50i supersonic jet trainer/light multirole fighter to Indonesia under a $400 million sales deal.
FRANKFURT, Germany, Oct. 2 (UPI) -- The European Central Bank left its monetary policy unchanged Wednesday, citing support it was providing to a gradual recovery.
ENFIELD, England, Oct. 2 (UPI) -- Kelvin Hughes, the British manufacturer of maritime navigation systems, reports that the Irish Naval Service has contracted it for radar upgrades.
YANGON, Myanmar, Oct. 2 (UPI) -- The United States is "deeply concerned" by reports of violence against minority Muslims in Myanmar's coastal state of Rakhine, the embassy said Wednesday.
LONDON, Oct. 2 (UPI) -- Home building in Britain in September reached its highest growth rate since November 2003, research firm Markit Economics said Wednesday.
World War II veteran Eugene Morgan of West Memphis, Arkansas, tours the World War II Memorial after members of congress took down barriers to let a group of veterans in to the closed memorial, on October 2, 2013 in Washington, D.C. All national parks and memorials are closed due to the ongoing government shutdown. UPI/Kevin Dietsch
