Jul 12

Bernanke says spurring credit key to rebound<br /> (Reuters)<br />

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.

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Jul 12

Airbus slashes prices to win US military project<br /> (AFP)<br />

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.

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Jul 12

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

Jul 12

Mattis named overall US commander of Iraq, Afghan wars<br /> (AFP)<br />

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.

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Jul 12

Transatlantic rivals bid for US military mega project<br /> (AFP)<br />

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.

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