Business

Decision on next Air Force bomber still vague

The Pentagon's chief weapons buyer, Frank Kendall, briefed top brass at the Defense Department on the decision on Friday, with an announcement set for Tuesday after the close, according to Bloomberg . "You have 2.5 players and one contract". Northrop Grumman just released never-before-seen video of its classic stealth bomber designed for the United States Air Force.

Business

Prehistoric shark teeth found off NC coast after storms

The largest ever found was more than seven inches long. Megalodon went extinct some 2.6 million years ago. "Oh my God, like I said, I felt like I was a lottery winner or something", Denny Bland, who found a massive fossilised tooth on a beach in North Carolina , told.

Business

Analysts back VF Corp after sell-off

Canada's main stock index followed suit in a broad rally led by materials stocks cheered by a Chinese rate cut that increased prices for base metals, while shares of embattled Valeant Pharmaceuticals global Inc also bounced. The company has a market cap of $41.85 billion and a PE ratio of 59.30. Noble Corp plc (NYSE:NE) last released its quarterly earnings results on Wednesday, July 29th.

Business

Clock change adds to Barclays glitch

Barclays tweeted around midday on Saturday that it was investigating technical problems. Concerns about companies' cybersecurity are running high after hackers stole data about up to 4 million customers of the phone company Talk-Talk . Although Barclays didn't immediately respond to press enquiries regarding the matter, it said yesterday: "We can confirm that customer services are now recovering from the outage we experienced [on Saturday]".

Business

Watchdog: Feds looked the other way as horses were slaughtered

However, when asked by inspectors for the federal report , he admitted that he knew the horses were bound for "the kill plant" and that he knew he was not supposed to sell them to anyone who would take them to a slaughterhouse. In purchasing the horses, Davis had to tell federal officials that he would not resell them for slaughter. The Inspector General's report said BLM officials looked into complaints made about Davis but never found any evidence he was breaking his promise.

Business

Puerto Vallarta escapes hurricane's fury; Patricia now a depression

AIR explained that " hurricanes can’t sustain such extreme intensity for long and by the time Patricia reached the coast-about 55 miles west-northwest of Manzanillo-maximum sustained winds had fallen from 200 mph to 165 mph". "I don't think there's going to be a big problem with the water", said Dario Pomina, 43, manager of the Posadas de Roger hotel in the city centre. Patricia formed on Tuesday and quickly intensified to become a Category 5 monster, the most powerful hurricane on ...