Not all defense contractors should be painted with the same brush. Not by a long shot.» Read More
The Iraqi government said Wednesday that Turkish artillery and warplanes bombarded areas of northern Iraq and called on Turkey to stop military operations and resort to dialogue.
Shares of KBR, the military contractor and engineering company, dipped slightly Friday after soaring to new highs earlier in the week amid a flurry of new business, including a contract one Wall Street analyst called a "game-changing win" for the former Halliburton subsidiary.
The comments from Ali Larijani, who last week had suggested that the crew "may face a legal path," came as both Iran and Britain appeared to be seeking a way to soften their approach to the dispute.
The U.S. House of Representatives on Friday voted to impose a Sept. 1, 2008, deadline for withdrawing all American combat troops from Iraq, prompting a quick veto promise from President George W. Bush.
Italy's government, divided over the Afghan war and ties with the U.S. military, lost a crucial vote on foreign policy on Wednesday that plunged Prime Minister Romano Prodi into his worst crisis since taking office in May.
African nations like Sierra Leone and Namibia might not seem like they would be the first place investors looked to put their money. But they are exactly where China has been investing heavily over the past couple of years. And that raised the question--why is the world’s most populous nation pouring money into the world’s poorest continent?
Where there's international tension and headlines, there's sometimes fire...and sometimes not. Traders were quick to jump on rumors of an Iranian naval engagement just before 9 a.m. ET today. The rumor carried some pretty graphic details about a U.S. Navy ship being hit by an Iranian anti-ship missile in the Persian Gulf.
President George W. Bush and British Prime Minister Tony Blair held a press conference in Washington, D.C., today after discussing the recommendations of the Iraq Study Group. CNBC's John Harwood was there. Here are a few major points from the presser.