News

Photo

Israel holds off on escalating Gaza barrage; West wants truce

GAZA/JERUSALEM - Israel appeared to hold off on a threatened escalation of its week-old Gaza Strip barrage on Monday despite balking at Western calls for a ceasefire with an equally defiant Hamas. | Video

Recent Top News

Citi, U.S. $7 billion settlement announcement expected Monday

NEW YORK - Citigroup agreed to pay $7 billion to resolve a U.S. government investigation into shoddy mortgage-backed securities the bank sold in the run-up to the 2008 financial crisis in a settlement set to be announced on Monday, sources said.

Russia warns Ukraine after shell crosses border

DONETSK Ukraine/MOSCOW - Russia threatened Ukraine on Sunday with "irreversible consequences" after a Russian man was killed by a shell fired across the border, while Kiev said Ukrainian warplanes struck again at separatist positions in the east of the country, inflicting big losses. | Video

13 Jul 2014

'Excessive' rubbing of engine blades caused F-35 failure: Pentagon

LONDON - The engine failure that has grounded the entire fleet of Lockheed Martin Corp F-35 fighter jets was caused by "excessive" rubbing of fan blades in the plane's Pratt & Whitney engine, but does not appear to be a fundamental design flaw, the Pentagon's chief weapons buyer said on Sunday.

AECOM to pay $4 billion for engineering firm URS Corp

- Engineering design firm AECOM Technology Corp on Sunday said it would pay about $4 billion in cash and stock to acquire URS Corp, an engineering and construction services company, to create a combined company with about $19 billion in annual sales and more than 95,000 employees.

13 Jul 2014
Photo

U.S. House panel sets witness list for CDC anthrax hearing

WASHINGTON - A U.S. congressional committee said on Sunday that it will hear from half a dozen witnesses this week about dangerous lapses at federal health facilities, including one that led to the potential exposure of 84 people to live anthrax.

Photo

U.N. temporarily moves some international staff out of Libya

UNITED NATIONS - The United Nations said on Sunday it had temporarily relocated some of its international staff out of Libya after heavy fighting broke out between rival militias vying for control of Libya's main airport.