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  • WASHINGTON, March 23- A leading U.S. business lobby group on Monday urged senators to support a bipartisan plan to save the U.S. Export-Import Bank and warned that closing the bank would hurt jobs. The U.S. Chamber of Commerce said in a letter it "strongly" supported a bill to extend the mandate of the U.S. export credit agency, which will shut on June 30 if its mandate is...

  • Midday Glance: Aerospace companies Monday, 23 Mar 2015 | 1:32 PM ET

    Lockheed Martin Corp. fell$. 35 or. 2 percent, to $203.43. Northrop Grumman Corp. rose$. 30 or. 2 percent, to $162.92. Raytheon rose$. 10 or. 1 percent, to $112.50.

  • Early Glance: Aerospace companies Monday, 23 Mar 2015 | 10:12 AM ET

    Lockheed Martin Corp. fell$. 35 or. 2 percent, to $203.42. Northrop Grumman Corp. rose$. 71 or. 4 percent, to $163.33. Raytheon rose$. 03 or percent, to $112.43.

  • US, Lockheed fixing glitch with GPS satellites Monday, 23 Mar 2015 | 7:45 AM ET

    Lockheed Martin said it is working to resolve a glitch disclosed by the U.S. Air Force that affected some global positioning system (GPS) satellites.

  • Lockheed said the error involved the ground control system for GPS satellites it runs for the Air Force. Lockheed spokeswoman Christine Courard said the company had put a "workaround" in place to avoid further errors and was working on a full software correction with the Air Force. Air Force spokesman Andy Roake said the issue came to light in recent days, but...

  • WASHINGTON, March 22- The head of the U.S. House Armed Services Committee plans to introduce legislation on Wednesday as part of a six-year drive aimed at speeding up and improving the way the Pentagon buys arms at a time of rapid gains in technology by Russia and China. The legislation includes six measures proposed by Pentagon acquisition chief Frank Kendall,...

  • TULSA, Okla.— American Airlines' massive maintenance base in Tulsa faces some expensive upgrades to keep up with a modernization program that has transformed the carrier's fleet into one of the youngest and most fuel efficient in the industry. The city of Tulsa owns the land and most of the buildings at the maintenance base where American Airlines employs 5,500...

  • WASHINGTON, March 20- The White House said on Friday it would press ahead to end government financing for most coal-fired power plants overseas, a day after a bipartisan bill sought to overturn limits on those projects financed by the U.S. Export-Import Bank. Lawmakers are trying to hammer out a plan to save the U.S. Export-Import Bank, which provides support for...

  • Final Glance: Aerospace companies Friday, 20 Mar 2015 | 8:00 PM ET

    Lockheed Martin Corp. rose $1.58 or. 8 percent, to $203.77. Northrop Grumman Corp. rose$. 10 or. 1 percent, to $162.62. Raytheon rose $1.66 or 1.5 percent, to $112.40.

  • WASHINGTON, March 19- A bipartisan plan to save the U.S. Export-Import Bank seeks to extend the bank's term until 2019, increase lending to small businesses and overturn limits on coal-fired power plant projects. Friends of the Earth senior program manager Doug Norlen said fossil fuel projects, especially coal, hurts communities by polluting air and water,...

  • WASHINGTON, March 19- Further budget cuts would put the U.S. military's ability to protect the United States in "serious jeopardy" at a time when Iran and North Korea are advancing their own missile programs, the head of the U.S. Missile Defense Agency said on Thursday. That would affect Lockheed Martin Corp, Boeing Co and Raytheon Co. The three companies are working...

  • WASHINGTON, March 19- Further budget cuts would put the U.S. military's ability to protect the United States in "serious jeopardy" at a time when Iran and North Korea are advancing their own missile programs, the head of the U.S. Missile Defense Agency said on Thursday. That would affect Lockheed Martin Corp, Boeing Co and Raytheon Co. The three companies are working...

  • Brave new world for the Dow as Apple joins? Wednesday, 18 Mar 2015 | 7:04 PM ET
    Apple CEO Tim Cook speaks during an Apple event in San Francisco, March 9, 2015.

    Apple solidified its Wall Street leadership by officially joining the Dow Jones industrial average after the close on Wednesday.

  • Cramer’s March Madness! Top NCAA stock picks Wednesday, 18 Mar 2015 | 6:37 PM ET
    Mad Money Madness

    It's March Madness, "Mad Money" style! Jim Cramer gives his top NCAA teams and pairs them with his favorite stocks of the region.

  • "Continued reliance on Russian rocket engines is unacceptable and it's time the Air Force conduct itself accordingly," McCain, chairman of the Senate Armed Services Committee, told a hearing with senior Air Force officials. McCain said Congress had given the Air Force $220 million this fiscal year and set a deadline of 2019 for replacing the engine.

  • Traders work the floor of the New York Stock Exchange.

    U.S. stocks closed mostly lower ahead of the Federal Open Market Committee's statement that could shed light on the timing of an interest rate hike.

  • A report released by the U.S. Transportation Department Office of Inspector General found that the FAA lacks the training and guidance necessary to enforce Bush-era regulations that allow carriers to disclose hazardous material violations voluntarily, without incurring civil penalties. In 65 percent of hazardous material cases, OIG investigators...

  • WASHINGTON, March 17- Top executives of U.S. airlines and their Middle East competitors clashed in Washington on Tuesday over whether "open skies" deals are fair, and each side ramped up efforts to sway U.S. regulators at a high-profile forum. A coalition of Delta Air Lines Inc, United Continental Holdings Inc, American Airlines Group Inc and their labor unions...

  • A hidden bear market in Dow threatens all stocks Tuesday, 17 Mar 2015 | 11:30 AM ET
    Pedestrians walk past IBM's building in New York.

    The Dow has a hidden bear market going on within it as a third of the members in the blue chip barometer have hit new 52-week lows this year.

  • Senators James Inhofe, an Oklahoma Republican, and Bill Nelson, a Florida Democrat, both members of the Senate Armed Services Committee, said they were concerned that the Defense Department and the Air Force were not complying with a law that seeks development of a U.S. alternate engine by 2019.. The senators said the Air Force was not using $220 million...