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Alutiiq Pacific taking over NASA security

Security services at four U.S. space program facilities are being consolidated through a follow-on contract to Alutiiq Pacific LLC of Alaska.

Marines getting Wasp AE UAVs

The U.S. Marine Corps is receiving AeroVironment's Wasp AE small unmanned aerial system, together with its miniature gimbaled payloads.

ITT Exelis to improve military's GPS

ITT Exelis is to research the potential for small satellite navigational payloads to augment the Global Positioning System program of the U.S. military.

Manufacturing index shows gains

An index of U.S. manufacturing activity showed a strong improvement in January, a research firm said Thursday.

Cyber solutions firms merge

Network Designs Inc., a U.S. Web-development and security solutions firm, has acquired BitSec Global Forensics, expanding its cyber solutions portfolio.

Latam country orders tactical radios

An unidentified Latin American country has ordered Falcon III Very High Frequency Combat Net Radios from the Harris Corp. of Florida.
Jobless claims drop by 5,000

Jobless claims drop by 5,000

The U.S. Labor Department said first-time jobless benefits claims dropped by 5,000 in the week that ended Saturday.

China Shipbuilding Industry Corp. develops submarine

China Shipbuilding Industry Corp. has developed a new manned submersible capable of deep dives.

Job title squashed in worker perk poll

A fancy title is not anywhere near the top on the list of concerns that workers indicate would keep them on the job, a survey of U.S. workers found.

Nigerian oil vandalism may be by officials

A Nigerian oil company official said there were indications that public officials in the country may be involved in pipeline vandalism.

EU energy proposals frustrate Russia

Rules under consideration in the European Union would impede energy market advancement, Russian Prime Minister Dmitry Medvedev said in Switzerland.

U.S. assesses pipeline safety

A U.S. investigation panel suggested pipeline operators and regulators can do a better job in responding to emergency incidents.

Bipartisan support grows for Keystone XL

A bipartisan group of U.S. senators called on U.S. President Barack Obama to approve the Keystone XL pipeline after it passed a Nebraska review.

White House pressed on LNG exports

U.S. Sen. Jim Inhofe, R-Okla., said the White House was wrong not to capitalize on the natural gas boom by pushing for liquefied natural gas exports.

Utah natural gas plans spark row

Environmental groups suing the U.S. government over natural gas plans in Utah said they hope to find an agreeable solution to the developmental issues.

BP eyes stake in Turkish gas pipeline

British energy company BP, in charge of an Azeri natural gas field, said it would take on a stake in a gas pipeline planned through Turkey.

CNPC keen on, but wary of, big Iraqi role

Chinese officials said they were interested in playing a greater role in Iraq's oil sector but expressed reservations regarding Baghdad's political situation.

Albania gets TAP environmental review

A group managing the planned Trans Adriatic Pipeline said it submitted an environmental assessment of the project to the Albanian government for review.

Italy's Eni makes Cyprus debut

Italian energy company Eni announced it was awarded three exploration blocks in the deep waters off Cyprus.

Japan trade deficit in 2012 hits record

Japan, hurt by falling exports and tensions with trading partner China, said Thursday its 2012 trade deficit hit a record 6.93 trillion yen, or $78 billion.

UPI NewsTrack Business

U.S. markets move higher ... Airlines notched a strong year in 2012 ... Aston Martin beefs up the Rapide S ... Shareholder files suit against bank execs ... News from United Press International.

Grain futures mostly lower

Grain futures closed mostly lower Wednesday with the dollar broadly higher in Europe and mixed in Asia.

IMF lowers eurozone expectations

The International Monetary Fund Wednesday downgraded its October prediction of economic growth in Europe's single-currency region known as the eurozone.
Crude oil price slides on IMF forecast

Crude oil price slides on IMF forecast

The price of crude oil slipped under $96 Wednesday, dropping on the International Monetary Fund's release of a forecast for slower global growth.

Gold slips a touch, silver holds steady

Gold prices moved slightly lower and silver held steady on the Comex division of the New York Mercantile Exchange Wednesday.
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