Business Defense


  • 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...

  • US says video shows Iran fired rockets near warships Saturday, 9 Jan 2016 | 10:10 PM ET
    U.S. Secretary of State John Kerry (L) holds a negotiation meeting with Iran's Foreign Minister Mohammad Javad Zarif (R) over Iran's nuclear programme in Lausanne, Switzerland.

    The U.S. Navy released video it said showed an Iranian military vessel firing unguided rockets on December 26 near U.S. warships.

  • Citing unnamed U.S. officials, the Post said the new unit, which would be based at the Department of Homeland Security but which would enlist other federal and local agencies, was expected to be announced later on Friday when senior White House officials meet with Silicon Valley executives.

  • Seismologists: That was small quake for an H-bomb Wednesday, 6 Jan 2016 | 4:17 PM ET
    Yohei Hasegawa, the earthquake and tsunami observations division director of the Japan Meteorological Agency, points to a graph of ground motion waveform data observed in Japan during a news conference in Tokyo on implications that an earthquake sourced in North Korea was triggered by an unnatural cause on Jan. 6, 2016.

    The North Korean government announced a successful test of a hydrogen bomb, but the bark may be bigger than the blast, some seismologists say.

  • North Korea's bomb test may backfire in a big way Wednesday, 6 Jan 2016 | 3:18 PM ET
    Officers from the Korea Meteorological Administration point at the epicenter of seismic waves in North Korea, at the National Earthquake and Volcano Center of the Korea Meteorological Administration in Seoul, South Korea, on Jan. 6, 2016.

    The U.S. and its Asia-Pacific allies will likely be drawn closer in the wake of North Korea's most recent nuclear test.

  • 'North Korea may be exaggerating on nuclear test' Wednesday, 6 Jan 2016 | 12:33 AM ET
    'North Korea may be exaggerating on nuclear test'

    At the moment, no one can confirm whether North Korea has successfully conducted a nuclear test, warns Alastair Newton, director at Alavan Business Advisory.

  • The rebound will likely be driven by strong passenger traffic, continued demand for commercial aircraft from growing economies like India and China, and an expected recovery in global military spending fueled by tensions in the Middle East, the firm said in its annual outlook for the sector. Tom Captain, who leads Deloitte's aerospace and defense segment, said...

  • Lockheed wins $5.3 bln contract for C-130J aircraft Thursday, 31 Dec 2015 | 12:59 PM ET

    Dec 31- U.S. weapons maker Lockheed Martin Corp said on Thursday it would deliver a total of 78 C-130J Super Hercules aircraft to the U.S. government as part of a multiyear contract, worth $5.3 billion. Lockheed said in October it had reached a verbal agreement with the U.S. Air Force for a five-year contract to build up to 83 C-130J transport planes for the Air Force,...

  • China says it's working on a second aircraft carrier Thursday, 31 Dec 2015 | 8:00 AM ET
    China says it's working on a second aircraft carrier

    The country's Defense Ministry says it is building a 50,000-ton vessel in the northern port of Dalian.

  • Russia and India sign new defence deals Friday, 25 Dec 2015 | 12:19 AM ET
    Russian President Vladimir Putin and Indian Prime Minister Narendra Modi applaud during their meeting in Grand Kremlin Palace, in Moscow, Russia, December,24, 2015.

    The deals include building Russian-designed Kamov helicopters in India and for the location of a new nuclear power plant, the Financial Times reports.

  • Palantir Technologies raises $880m Thursday, 24 Dec 2015 | 6:00 AM ET
    Palantir Technologies raises $880m

    Funding rounds the secretive company at $20B

  • Defense stock picks Wednesday, 23 Dec 2015 | 1:45 PM ET
    Defense stock picks

    Howard Rubel, Jefferies defense analyst, likes defense contractor Harris Corporation, as he looks ahead for the defense sector in the new year.

  • Defense sector outlook: More war, less peace Wednesday, 23 Dec 2015 | 1:42 PM ET
    Defense sector outlook: More war, less peace

    CNBC's Jane Wells shares her top predictions for the defense sector in 2016.

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