Representative Rodney Frelinghuysen, a senior member of the Appropriations Committee in the House of Representatives, chided President Barack Obama for proposing a $534 billion Pentagon base budget that "ignores the law" by exceeding federal spending caps by nearly $35 billion. Frelinghuysen told Navy and Marine Corps leaders to submit specific lists of...» Read More
U.S. Homeland Security officials said a credible 9/11 terror threat is of some concern, saying it has more credibility than some chatter it's heard in recent days.
For four years, a doctor commuted between his clinics in Texas in a $5 million turboprop with jazzy metallic stripes and ruby stones embedded on the drink cabinet inside. The plane featured exotic wood veneers and polished chrome, and his daughter’s initials were in the tail number. The New York Times reports.
Ten years after the attacks on September 11, we still don’t live in a world where we are free from terror threats. But we have made great progress on how to best communicate those threats in a way that makes us all a little bit safer.
"I'm skeptical of anyone who can answer the question 'Are we safer?' with a simple yes or no," says Ward Thomas, a national security expert. "We are better in some ways, but not necessarily in others."
The Fast Money traders weigh in on economic growth, and the impact the debt deal will have on defense and health care stocks.
CNBC's Jane Wells reports the debt crisis has many defense contractors wondering how they're going to get paid, and the Fast Money traders with plays on stocks set to pop.
The increasing acceptance of Islamophobia and anti-immigration rhetoric in the mainstream of European political discourse has created a space for a resurgent and self-confident far-right that has become a credible threat to security and society.
A train transporting defense gear from Romania to Bulgaria was broken into and military equipment went missing, Romanian military prosecutors said in a statement on Sunday.
There's be no money for U.S. defense as of Aug. 3 if there is no deal on the debt under a worst-case scenario, former Treasury Secretary Jay Powell told CNBC Monday.
The discovery of huge deposits of so-called 'rare earth' minerals, used in high technology products, on the Pacific sea floor should ease long-term supply constraints and end a Chinese monopoly, which had been causing strategic concerns in the West, analysts said.
Planned job cuts rose to 41,432 jobs in June, an 11.6 percent increase on May, but the overall pace of downsizing is at the lowest level for 11 years, according to the monthly jobs report by Challenger, Gray & Christmas.
Herve Ghesquiere and Stephane Taponier, the two French journalists that had been held hostage in Afghanistan for 547 days, landed on French soil on Thursday morning. Sources talk about the unusual path taken by the ransom.
Gazprom, the Russian gas monopoly, could take advantage of Greece's sovereign debt crisis to strengthen its leading position on European gas supply and counter attempts by the European Union to diversify its energy relationships.
Indian airlines walked away from the Paris Air Show with a third of the airplane orders last week — a $23 billion gamble that air will finally conquer rail despite a formidable list ofobstacles.
President Barack Obama will set the course for drawing down the U.S. war in Afghanistan on Wednesday, when he is expected to announce plans to bring roughly 10,000 American troops home in less than a year.
The announcement that Ryanair will develop a new airplane with state-backed Chinese aircraft manufacturer COMAC on Tuesday at the Paris Air Show is the latest step towards a Chinese-made large commercial airplane.
The Chinese come to the Paris Air Show as both the world’s largest purchaser of jetliners and a budding manufacturer projected by some to one day challenge the dominance of Boeing and Airbus.
The aerospace sector is “closer to the beginning than the end” of an upswing in orders, the chief executive of Boeing told CNBC Monday.
Given the doom and despondency across so many parts of the EU economy and with European governments tumbling over themselves to reverse years of living beyond their means, next week's Paris Air Show at Le Bourget should provide something to cheer, writes Howard Wheedon, Senior Strategist at BGC Partners.