Business Defense


  • Defense Secretary Ash Carter is scheduled to preview the Pentagon's fiscal 2017 budget request in a speech on Feb. 2, a week before the White House sends its budget plans to Congress, two U.S. defense officials said on Monday. A massive government spending bill enacted by Congress last year set a spending level of about $576 billion for the Pentagon in fiscal 2017,...

  • Defense Secretary Ash Carter is scheduled to preview the Pentagon's fiscal 2017 budget request in a speech on Feb. 2, a week before the White House sends its budget plans to Congress, two U.S. defense officials said on Monday. Carter is expected to highlight the broad themes of the Pentagon's budget request and its priorities, rather than presenting a detailed...

  • WASHINGTON, Jan 25- Boeing Co and air crews from the U.S. Air Force completed the first refueling flight of the KC-46A Pegasus aerial tanker on Sunday, transferring 1,600 pounds of fuel to an F-16 fighter jet flying at 20,000 feet, Boeing said. Colonel Christopher Coombs, who runs the program for the U.S. Air Force, called the flight an "important milestone" for the new...

  • Def. Sec.Carter: Accelerate fight against ISIS Friday, 22 Jan 2016 | 8:25 AM ET
    Ash Carter being interviewed in Davos, Switzerland, January 22, 2016.

    Defense Secretary Ash Carter says he wants to speed up the battle to defeat the terror group.

  • Sec. Carter: There will be boots on the ground Friday, 22 Jan 2016 | 7:44 AM ET
    Sec. Carter: There will be boots on the ground

    Secretary of Defense Ash Carter, discusses the U.S. strategy to fight terrorism. Also Carter weighs in on closing Guantanamo Bay and keeping an eye on North Korea.

  • Sec. Carter: Fighting ISIS on 3 fronts Friday, 22 Jan 2016 | 7:41 AM ET
    Defense Secretary Ash Carter at the 2016 World Economic Forum in Davos, Switzerland.

    Secretary of Defense Ash Carter, discusses how other countries can play a bigger role in fighting terrorism.

  • *Ministers gather from 7 nations, including U.S. and France. PARIS, Jan 20- Defence chiefs from the United States, France, Britain and four other countries pledged on Wednesday to intensify their fight against Islamic State, looking to capitalise on recent battlefield gains against the militants. Defense Secretary Ash Carter told a news conference after talks in...

  • Defence is high on the agenda: BAE Chairman Wednesday, 20 Jan 2016 | 4:00 AM ET
    Defence is high on the agenda: BAE Chairman

    Sir Roger Carr, Chariman of BAE, says terrorism and geopolitical risk are things no one wants, which is why his company is very busy.

  • WASHINGTON, Jan 16- The U.S. Navy will formally deploy its so-called "Great Green Fleet" on Wednesday, sending warships to sea on biofuels even though oil prices have dropped 70 percent since congressional Republicans first criticized the high cost of alternative fuels. Navy Secretary Ray Mabus told Reuters the deployment is the next step in a fleet-wide effort...

  • ABUJA, Jan 19- True to his election promises, Nigerian President Muhammadu Buhari has gone all out on corruption, alleging mind-boggling sums plundered from state coffers and giving investigators license to pull in big hitters once thought untouchable. The first test comes on Wednesday with the opening of the trial of former National Security Advisor Sambo...

  • UK security agency MI5 tops LGBT rankings Monday, 18 Jan 2016 | 7:01 PM ET
    Businesswoman with rainbow-patterned top

    Britain’s security service has been named the most lesbian, gay, bi and trans (LBGT)-friendly employer in the country, according to a charity.

  • Beijing to launch regular flights to disputed islands Saturday, 16 Jan 2016 | 1:32 AM ET
    Chinese dredging vessels are purportedly seen in the waters around Mischief Reef in the disputed Spratly Islands in the South China Sea in this still image from video taken by a P-8A Poseidon surveillance aircraft provided by the United States Navy May 21, 2015.

    China claims almost all of the South China Sea, through which more than $5 trillion of maritime trade passes each year.

  • Jan 15- Apollo Education Group Inc said the U.S. Department of Defense had lifted its probationary status on the University of Phoenix, which barred the company's unit from recruiting students on military bases or using federal money to fund tuition. The for-profit college operator, which earlier this week said it was considering selling itself, said on Friday...

  • China, US keeping close eye on Taiwan this weekend Friday, 15 Jan 2016 | 3:15 PM ET
    People show their support for the ruling Nationalist Kuomintang Party (KMT) chairman Eric Chu during a campaign rally a day before the election in New Taipei City, Taiwan January 15, 2016.

    Even if the Democratic Progressive Party wins, the economy will drive all parties to keep things calm in the short term.

  • WASHINGTON, Jan 15- A new system for collecting domestic telephone records meets several privacy and civil liberties benchmarks, the U.S. National Security Agency said on Friday. The NSA ended its daily vacuuming of millions of Americans' phone metadata, meaning the numbers and time stamps of calls but not their content, late last year after Congress passed a law...

  • Jan 15- U.S. Department of Homeland Security investigations of cyber attacks on the nation's critical manufacturing sector nearly doubled in the year ended Sept. 30, according to the agency. The Department of Homeland Security's Industrial Control Systems Cybersecurity Emergency Response Team, or ICS-CERT, said in a report distributed this week that it...

  • Pandemics are $60 billion global risk: Study Wednesday, 13 Jan 2016 | 2:07 PM ET
    Red Cross workers carry away a person suspected of dying from Ebola, in the Liberian capital Monrovia, on Oct. 4, 2014.

    Pandemics are a neglected risk to lives and economies that could costs trillions of dollars, says a new report.

  • Iran releases detained US sailors: State TV Wednesday, 13 Jan 2016 | 5:17 AM ET
    U.S. Navy Riverine Command Boat (RCB) 805

    Iran's IRGC said it has released 10 American sailors who it had detained a day earlier, according to the Guards' statement.

  • US mulls supplying SKorea with subs, fighter jets Tuesday, 12 Jan 2016 | 1:28 AM ET
    PYEONGTAEK, SOUTH KOREA - JANUARY 10: A U.S. soldier stands guard in front of U.S. F16 fighter jet at Osan Air Base on January 10, 2016 in Pyeongtaek, South Korea.

    The U.S. may deploy more "strategic assets" in South Korea, but not nuclear arms, a U.S. official said, as tensions with North Korea heated up.

  • MANILA, Jan 11- Congress on Monday asked the Philippine government to study a proposal to issue a 150 billion peso retail bond to fund a long-term military modernization plan to secure its strategic reserves in the South China Sea. Ariel Try, deputy minority leader at the lower house of Congress, said Congress will ask the Treasury to consider a bond issue to...

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