LAS VEGAS, May 10- In Las Vegas this week, hedge fund investors rubbed shoulders with big-name managers, Hollywood heavies and political swells against a Bellagio hotel backdrop of glitz and gambling.
WASHINGTON, April 30- Executives at U.S. weapons makers on Tuesday said their meeting on Monday with Defense Secretary Chuck Hagel was a "positive continuation" of a dialogue begun by his predecessor, Leon Panetta.
WASHINGTON, April 30- Executives at U.S. weapons makers on Tuesday said their meeting on Monday with Defense Secretary Chuck Hagel was a "positive continuation" of a dialogue begun by his predecessor, Leon Panetta.
In what might be just the start of long negotiations to prevent the $85 billion in cuts, Obama spoke to House of Representatives Speaker John Boehner and Senate Minority Leader Mitch McConnell. The conversations were "good," White House spokesman Jay Carney said, but he declined to provide details.
WASHINGTON- Faced with the growing theft of U.S. trade secrets, the White House said on Wednesday it was stepping up diplomatic pressure and mulling tougher laws to stem the threat to American businesses and security from China and other nations.
*Move due to looming $46 billion cut in defense spending. WASHINGTON, Feb 20- Defense Secretary Leon Panetta formally notified Congress on Wednesday that the Pentagon plans to put civilian defense employees on unpaid leave this year if $46 billion in across-the-board U.S. government spending cuts take effect on March 1.
*Pentagon says reductions likely to cause readiness crisis. But when questioned about these dire predictions by a concerned lawmaker last week, General Mark Welsh, the Air Force chief of staff, explained that flexibility in the system would let Space Command focus the cuts that take effect on March 1 on redundant, backup radar systems.
China is the site of the most cyber-aggression, and in many instances, the biggest opportunity for many businesses. On Tuesday, The New York Times ran a piece highlighting the link between anti-U.S. cyberattacks and the Chinese military.
WASHINGTON, Feb 14- On his last trip abroad as U.S. defense secretary, Leon Panetta was asked what he thought of "Zero Dark Thirty," the movie about the intense manhunt and daring raid that killed al Qaeda leader Osama bin Laden.
WASHINGTON, Feb 6- U.S. defense officials and their allies in Congress did their best on Wednesday to create a sense of crisis about steep impending budget cuts, but their warnings failed to produce any visible result.
*Air Force may have to renegotiate $52 bln Boeing tanker deal.
*Pentagon faces $46 billion in cuts over seven months. The Pentagon also announced it would seek a smaller-than-expected 1 percent pay increase for service members during the 2014 fiscal year that begins in October, another sign of fiscal pressures on the military after nearly a decade of growth.
WASHINGTON, Feb 6- U.S. defense officials and their allies in Congress did their best on Wednesday to create a sense of crisis about steep impending budget cuts but their warnings failed to produce any visible result.
Pentagon on brink of having to cut $46 billion over seven months. *Move could mean unpaid leave for 800,000 civilian Pentagon workers.
WASHINGTON, Feb 3- The top U.S. Senate Democrat said on Sunday tax revenue must be part of any deal to replace looming automatic spending cuts, despite Republican warnings that they will not buckle over this issue after conceding on tax rises for the rich a month ago.
*Hagel says cuts would be "devastating" to Pentagon. WASHINGTON, Jan 31- Big automatic cuts in federal spending are fast approaching again, alarming the defense sector but generating little activity in Congress to avoid them.