Business

Northrop Grumman to buy aerospace manufacturer Orbital ATK

BZ 062817 Erica Sandoval ATK 01

Northrop Grumman, one of the nation’s largest defense contractors, announced on Monday that...

Business

US stocks edge higher in afternoon trading; oil prices slide

Financial Markets Wall Street

Banks, insurers and other financial companies led U.S. stocks slightly higher in afternoon trading Tuesday, adding to modest gains from the day before. Technology stocks also helped lift the market, while health care companies lagged the most. Crude oil prices headed lower, giving up early gains....


Business

Senate panel cancels private interview with Trump lawyer

Trump Russia Probe

WASHINGTON (AP) — A scheduled private meeting between President Donald Trump’s personal lawyer and Senate committee staff was abruptly canceled on Tuesday amid a dispute over a public statement he issued before the meeting. Senate intelligence committee leaders said they called off the closed-door...


Business

Equifax's top security exec made some big mistakes. Studying music wasn't one of them.

(c) 2017, The Washington Post. On Friday, Equifax’s chief security officer Susan Mauldin stepped down from her post amid widespread criticism that her company didn’t do enough to prevent its massive data breach. Internet sleuths dutifully began digging into Mauldin’s past - and uncovered what...


Business

Sprint, T-Mobile said to hash out terms to bring deal closer

(c) 2017, Bloomberg. Sprint and T-Mobile US, in preliminary deal talks since at least August, agreed that Deutsche Telekom would have control in a combination of the two companies, said a person with direct knowledge of the matter. The mobile operators are discussing a stock-for-stock merger,...


Business

Twitter suspends 300,000 accounts tied to terrorism in 2017

(c) 2017, Bloomberg. Twitter Inc., under pressure from governments around the world to combat online extremism, said that improving automation tools are helping block accounts that promote terrorism and violence. In the first half of the year, Twitter said it suspended nearly 300,000 accounts...


Business

Far from the Texas coast, Hurricane Harvey hits oil refiners

(c) 2017, Bloomberg. Three weeks after Hurricane Harvey ravaged the massive fuel-making industry along the Texas coast, the region’s recovery from storm damage is starting to disrupt plans for crucial maintenance at refineries thousands of miles away from the flood zones. Harvey knocked out almost...


Business

The Latest: Trump lawyer's statement derailed Senate meeting

Trump Russia Probe

WASHINGTON (AP) — The Latest on the ongoing investigation into Russia’s alleged interference in the 2016 election (all times local): 12:20 p.m. Senate intelligence committee leaders say they canceled a scheduled interview with President Donald Trump’s personal lawyer after he released a public...


Business

In quest to build Musk's Hyperloop, students reap scant rewards

(c) 2017, Bloomberg. Ben Lippolis flew across the country to take part in a student hyperloop competition hosted by Elon Musk. This was no science fair. At the Space Exploration Technologies Corp. headquarters on the outskirts of Los Angeles, engineers from some of the world’s top universities...


Business

Brooklyn seen as best bet for New York City to win new Amazon headquarters

(c) 2017, Bloomberg. Brooklyn may emerge as an attractive lure in New York City’s long-shot bid to become Amazon.com’s new home. The borough’s image as a hip hub for millennials could give it a leg up as the e-commerce giant hunts for the perfect locale for its second U.S. headquarters, according...


Business

Review: Apple's iPhone 8 and iPhone 8 Plus won't wow you. But they're still solid phones.

(c) 2017, The Washington Post. Apple has three new phones coming this fall. While most of the attention has been focused on the iPhone X, the iPhone 8 and iPhone 8 Plus will hit stores first - and at a lower price than the iPhone X’s $1,000 price tag. They go on sale Friday starting at $699 and...


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