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Business Defense


  • Homeland Security Secretary Jeh Johnson said technical problems reported on Wednesday by United Airlines and the New York Stock Exchange were apparently not related to "nefarious" activity. It appears from what we know at this stage that the malfunctions at United and the stock exchange were not the result of any nefarious actor, "Johnson said during a speech...


  • China's parliament publishes draft cybersecurity law Tuesday, 7 Jul 2015 | 11:09 PM ET

    BEIJING, July 8- China's parliament has published on its website a draft cybersecurity law dated Monday, laying out guidelines for improving an area viewed as a national security priority under President Xi Jinping's administration.

  • Army plans to cut 40,000 troops and lay off 17,000 Tuesday, 7 Jul 2015 | 4:09 PM ET
    A U.S. soldier in Afghanistan

    The Army plans to cut 40,000 soldiers from its ranks over the next two years, a reduction that will affect all posts, USA TODAY reports.

  • Iran nuclear deal talks extended to Friday Tuesday, 7 Jul 2015 | 8:27 AM ET
    Secretary of State John Kerry (left) and Iranian Foreign Minister Javad Zarif

    An interim nuclear deal between Iran and six major powers will be extended through Friday to provide more time for talks on a final agreement.

  • Second half playbook: Defense Thursday, 2 Jul 2015 | 3:46 PM ET
    Second half playbook: Defense

    What to expect out of the defense sector in the second half of the year, with CNBC's Jane Wells.

  • Indonesia to review ageing air force after deadly crash Wednesday, 1 Jul 2015 | 2:22 AM ET

    Indonesia's president promised a review of the country's ageing air force fleet after the crash of a military transport plane.

  • Concerns of ISIS-inspired attack rise for July 4 Friday, 26 Jun 2015 | 5:09 PM ET
    Rescuers carry the body of a tourist who was shot dead by a gunman at a beachside hotel in Sousse, Tunisia, June 26, 2015.

    U.S. intelligence and law enforcement are concerned about ISIS-inspired attacks as Independence Day gets closer, NBC reports.

  • SCHROBENHAUSEN, Germany, June 25- The German armed forces want to order between 8 and 10 units of the MEADS air and missile defence system for the time being, the managing director of manufacturer MBDA Deutschland GmbH said on Thursday. Germany said this month it would buy the MEADS system from Europe's MBDA and Lockheed Martin Corp instead of an updated Patriot...

  • New Boeing CEO on strong dollar Tuesday, 23 Jun 2015 | 5:36 PM ET
    New Boeing CEO on strong dollar

    Incoming Boeing CEO Dennis Muilenburg, discusses the impact of the strong dollar on the business.

  • Crafted Boeing strategy together: McNerney Tuesday, 23 Jun 2015 | 5:32 PM ET
    W. James McNerney and Dennis Muilenburg of Boeing

    Incoming Boeing CEO Dennis Muilenburg, and outgoing CEO James McNerney, join CNBC's Phil LeBeau on the phone, to discuss the announcement.

  • Boeing leadership change 'generational shift': McNerney

    Incoming Boeing CEO Dennis Muilenburg, and outgoing CEO James McNerney, join CNBC's Phil LeBeau on the phone, to discuss the announcement.

  • Smooth transition for Boeing: Sonnenfeld Tuesday, 23 Jun 2015 | 5:17 PM ET
    Smooth transition for Boeing: Sonnenfeld

    Discussing James McNerney stepping down from CEO, with Jeffrey Sonnenfeld, Yale School of Management. McNerney will remain Boeing Chairman, and Dennis Muilenburg will become Boeing's CEO.

  • Boeing gets new CEO Tuesday, 23 Jun 2015 | 5:12 PM ET
    Boeing gets new CEO

    Dennis Muilenburg will become Boeing's CEO on July 1. CNBC's Phil LeBeau has the details.

  • *Bill Gates urges UK not to cut back overseas aid. *Defence minister says outlook darker, eyes Russia threat. LONDON, June 21- British finance minister George Osborne has said he will press ahead with hefty cuts to welfare in a budget statement next month, a day after tens of thousands of people marched against austerity in central London.

  • WASHINGTON, June 19- The United States has sued a Texas- based subsidiary of global defense company BAE Systems Plc for overcharging the U.S. Army in a contract to build 20,000 military trucks, the Department of Justice said on Friday. BAE Systems Inc, the U.S. unit of London- based BAE Systems Plc, did not immediately respond to a request for comment.

  • KUALA LUMPUR, June 19- The hijacked oil tanker Orkim Harmony has been released by pirates, who fled in the ship's rescue boat, Malaysian navy and maritime officials said on Friday. The Orkim Harmony, hijacked on June 11 off the Malaysian coast by pirates reportedly armed with pistols and machetes, was now being escorted by the navy to Malaysia's Kuantan Port.

  • KUALA LUMPUR, June 19- The hijacked oil tanker Orkim Harmony is being shadowed by a Malaysian naval ship and has been redirected east to Indonesia's Natuna Island, and should arrive on Saturday, the Malaysian navy and media said on Friday. State news agency Bernama quoted navy official Rear Admiral Azhari Abdul Rashid as saying the hijackers, reportedly armed...

  • NEW YORK, June 18- Richard Zabel, the top deputy to Manhattan U.S. Attorney Preet Bharara, is leaving the Justice Department to become general counsel at the hedge fund Elliott Management, according to an internal Elliott memo seen by Reuters on Thursday. Attorney in Manhattan since 2011, helping to oversee a broad-based crackdown on insider trading,...

  • WASHINGTON, June 18- The U.S. Senate passed an annual defense policy bill on Thursday that authorizes some $600 billion in defense spending for the 2016 fiscal year and starts reforms that could help curb costs over the long run. The White House has threatened to veto the measure over issues including a Republican-led plan to use $38 billion in special war funds...

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