WASHINGTON, Dec 19- Lockheed Martin Corp's fledgling energy business will reach about $700 million in revenue in 2014 and should provide steady growth for the Pentagon's No. 1 supplier in coming years, a company official said in an interview. He said energy orders were far from overtaking core work on fighter jets, Navy ships or missile defense equipment, but...» Read More
TO REVEAL INTELLIGENCE LATER ON TUESDAY THAT SUPPORTS CLAIMS THAT MISSILE THAT DOWNED MALAYSIAN PLANE CAME FROM SEPARATIST-CONTROLLED AREA IN UKRAINE.
*American cancels flight from Philadelphia to Tel Aviv. July 22- U.S. air carriers Delta Air Lines, American Airlines Group and United Airlines on Tuesday halted flights to Israel under directions from the U.S. Federal Aviation Administration to ensure passenger safety as turmoil in the region has intensified.
SAN FRANCISCO, July 22- European Union antitrust regulators are preparing to step up investigations of Google Inc's practices on several fronts and are likely to revise certain terms of a settlement involving its search engine that was proposed earlier this year, the Wall Street Journal reported on Tuesday.
SANTIAGO, July 22- The International Monetary Fund on Tuesday projected Chile's economic growth will pick up pace in 2015 and broadly welcomed President Michelle Bachelet's ambitious tax and education reforms. Chile's economy grew by 4.1 percent last year.
Herbalife shares rose more than 17 percent to $63.29 in heavy volumes, more than recovering the losses made Monday after Ackman told CNBC he would expose Herbalife as an "incredible fraud" and deal the company a "death blow."
July 22- Coca-Cola Co is still grappling with a problem even as sales of traditional Coke rise in North America: U.S. consumers are drinking less diet soda. But Coke reported lower-than-expected quarterly revenue as sales volume in North America, its biggest market, was flat partly because of a decline in diet Coke sales.
WASHINGTON, July 22- Google Inc must face a class action lawsuit filed by a U.S. woman whose son had bought online videogame items without her consent, a federal judge ruled late on Monday as he turned down the company's request to dismiss the action.
*Q2 earnings $2.76/ share vs $2.64 a year earlier. July 22- Lockheed Martin Corp, the Pentagon's largest defense supplier, reported a 3.5 percent rise in quarterly profit on Tuesday and raised its full-year earnings forecast, sending its shares up more than 2 percent.
July 22- McDonald's Corp Chief Executive Don Thompson said the company feels "a bit deceived" by the audit it received for China supplier Shanghai Husi Food Co Ltd, which was shut down after a television report showed workers mishandling meat and mixing fresh meat with product past its expiration date.
In rare high-level criticism of growing Kremlin conservatism, Kudrin said Moscow should not intervene militarily in the rebellion in eastern Ukraine and expressed dismay that Russians were as once again becoming adversaries of the West.
*Several ministers call for arms embargo on Russia. BRUSSELS, July 22- The European Union threatened Russia on Tuesday with harsher sanctions over Ukraine that could inflict wider damage on its economy following the downing of a Malaysian airliner, but it delayed action for a few days.
NEW YORK, July 22- A U.S. judge overseeing Argentina's debt restructuring case on Tuesday ordered negotiators for the country and holdout investors to meet with a court-appointed mediator until a settlement is reached, as time runs short before a potential default. Argentina has been pushed to the brink of a fresh debt default by U.S. court decisions.
JAKARTA, July 22- Indonesia's new president Joko "Jokowi" Widodo said he wants to sit down with mining companies and other parties in a bid to resolve a row over mining policies that has halted $500 million of metal exports a month in Southeast Asia's biggest economy.
NEW YORK, July 22- Exchange operator BATS Global Markets said on Tuesday its president, William O'Brien, has left the company, less than six months after BATS merged with rival Direct Edge, where O'Brien had been chief executive.
*Q2 oper earnings $1.93/ shr vs. est $2.07. July 22- Property and casualty insurer Travelers Cos Inc reported a steeper-than-expected fall in quarterly operating profit, hurt by bigger catastrophe losses and a slowing pace of premium rate increases.
*Libor to be based on transactions as much as possible. LONDON, July 22- Global regulators will implement a twin-track approach to ensuring interest rate benchmarks are less prone to manipulation, recommending safeguards to the current system as well as developing alternatives.
LONDON, July 22- European shares bounced back on Tuesday on some strong earnings reports and after signs of cooperation between Russia and other nations in investigating the shooting down of a Malaysian airliner over Ukraine.
NEW YORK, July 22- TD Ameritrade Holding Corp, the biggest online stockbroker as measured by client trading, said quarterly net income rose 3 percent from a year earlier despite higher expenses, continuing low interest rates and a drop in client trades and commissions.
July 22- United Technologies Corp posted tepid quarterly orders for its Otis elevators and Pratt& Whitney jet engines businesses, and shares of the diversified U.S. manufacturer fell nearly 2 percent on Tuesday.
WASHINGTON, July 22- Immediate government action is needed to stop U.S. corporations from avoiding federal taxes by shifting their tax domiciles overseas through deals known as inversions, the head of the U.S. Senate Finance Committee said on Tuesday.