Jul 12

Bernanke says spurring credit key to rebound (Reuters)

Reuters – Boosting credit to struggling small businesses is vital to keep a tepid U.S. recovery on track but wary banks can’t be forced to lend from their bountiful reserves, Federal Reserve officials said on Monday. Read the rest of this entry »

Jul 12

Airbus slashes prices to win US military project (AFP)

AFP – European aerospace giant Airbus has cut its prices in a bid to win a fight with US rival Boeing for a 40-billion-dollar US Air Force contract, a German business daily reported on Monday. Read the rest of this entry »

Jul 12

2 Chicago-area men sentenced in Ohio soldier plot (AP) Read the rest of this entry »

Jul 12

Mattis named overall US commander of Iraq, Afghan wars (AFP)

AFP – General James Mattis was named as the new head of US Central Command, or CENTCOM, which has overall control of the wars in Iraq and Afghanistan. Read the rest of this entry »

Jul 12

Transatlantic rivals bid for US military mega project (AFP)

AFP – US aerospace giant Boeing on Friday submitted its bid for a 40-billion-dollar US Air Force contract, joining battle with its bitter rival Airbus. Read the rest of this entry »