Category Archives: Business

OTTAWA, May 6 (UPI) — Canada’s plans to counter arctic incursions by ambitious neighbors in the north are being held back by further snags in the refurbishing and upgrading of the country’s submarine fleet.

NEW YORK, May 6 (UPI) — U.S. stock markets closed mixed Monday.

RIO DE JANEIRO, May 6 (UPI) — BP is selling its substantial stake in one of 14 oil interests in Brazil as part of a global portfolio optimization program, the company said.

BAGHDAD, May 6 (UPI) — Bombs are exploding all over Iraq these days and one of the reasons is that a British businessman sold the Baghdad government phony bomb detectors.

DETROIT, May 6 (UPI) — Automaker General Motors said Monday it would recall 38,197 Chevrolet Malibu Eco and Buick hybrid sedans due to a potential fire risk.

NEW YORK, May 6 (UPI) — Bank of America says it has agreed to pay U.S. bond insurance firm MBIA $1.6 billion to settle complex mortgage securities issues.

DETROIT, May 6 (UPI) — General Motors on Monday refuted a columnist’s claims that its operations in China benefited from the U.S. taxpayer-funded bailout.

HUNTSVILLE, Ala., May 6 (UPI) — The U.S. Army has given the first development contracts for renewable energy technologies under a $7 billion initiative.

NEW YORK, May 6 (UPI) — Retail chain Walmart retook its spot at the top of the Fortune 500 list of the largest U.S.companies, the magazine said Monday.

HUNTSVILLE, Ala., May 6 (UPI) — Lockheed Martin has given a top safety award to its facility in Alabama, where work on missile defense systems is conducted.