IE 11 is not supported. For an optimal experience visit our site on another browser.

Business Latest: A shrinking defense industry

Pentagon cutbacks, a shrinking U.S. Navy, the space program on reset--can America keep its global leadership role in military defense?
A Lockheed Martin F-35 Lightning II at Eglin Air Force Base, Fla.
A Lockheed Martin F-35 Lightning II at Eglin Air Force Base, Fla.

THE BATTLE OF 2014: A SHRINKING DEFENSE INDUSTRY: Pentagon cutbacks, a shrinking U.S. Navy, the space program on reset--can America keep its global leadership role in military defense?  Read more

EGYPT'S FOREIGN MINISTER: INVEST, INVEST, INVEST! Egypt is on track for increased political stability, making it a good opportunity for potential investors, Egypt's foreign minister Nabil Fahmy told CNBC. Read more

OBAMACARE’S UNEVEN PLAYING FIELD: Under the ACA, federal payments to hospitals will be cut starting in 2014, on the expectation that more of their patients will be covered by insurance. Read more

S&P 500 CLOSES AT RECORD HIGH: Read more