China Now Owns a Record $1.317T of U.S. Government Debt
China continues to display an appetite for U.S. government debt, expanding its holdings of Treasurys to a record of $1.317 trillion in November.
Report: Orbital Sciences faces risks in resuming space station shipments after 2014 explosion
A new government report says one of NASA's two commercial suppliers faces an uphill struggle in resuming deliveries to the International Space Station.
Days ahead of election, Greece's Tsipras says grand coalition would be 'unnatural'
Greece's left-wing leader Alexis Tsipras says he will not form an "unnatural" grand coalition government with conservative rivals if he wins Sunday's general election, despite polls suggesting that neither party can score an outright victory.
Firm gets $27M in Carolina road projects despite links to company barred from state contracts
A newly formed highway construction company has landed more than $27 million in new government projects across the Carolinas despite its deep ties to a discredited North Carolina paving firm barred from bidding on state contracts.
Horse racing industry frets as states look to rein in casino subsidies propping up purses
Horse track operators and breeders are concerned the good times might be trotting to a close as some states move to rein in a lucrative subsidy that's helped prop up their long suffering-industry.
Boeing names its new Apollo-style spacecraft the Starliner; crew capsule to fly in 2017
Boeing already has the Dreamliner.
Army awards $6.7 billion contract for tactical vehicle to Wisconsin's Oshkosh Defense
Wisconsin-based Oshkosh Corp. has won a major contract to build a new combat vehicle to replace a large share of the military's Humvee troop carriers.
When the power company gives to groups employing politicians, so do its customers
Virginia residents have been billed tens of thousands of dollars to pay for donations the state's most powerful electricity company has made to politically connected charities, according to company records obtained by The Associated Press.
Health law sign-ups pushing higher; nearly 1 million used 'special enrollment periods'
Nearly a million people signed up for health insurance under President Barack Obama's law even after the official enrollment season ended, helping push the share of uninsured Americans below 10 percent and underscoring how hard it could be for Republicans to dismantle the program.
AM General starts building Mercedes SUV at Indiana plant, hopes other automakers will follow
Black Mercedes-Benz R-Class SUVs rolled down the AM General assembly line Tuesday interspersed with white MV-1 wheelchair-accessible vans as workers began producing vehicles for the German automaker, a scene company officials believe is a sign of hope for the northern Indiana auto plant where Hummer H2s once were made.
Boston company plans to offer nation's first private passenger rail line in decades
A Boston company wants to offer the first private passenger rail line in the nation in more than 30 years, reviving a once-popular business model that was stopped dead in its tracks decades ago.
After rocket explosion, Orbital agrees insure and help repair damaged Virginia-owned facility
An aerospace company that uses a state-owned launch pad at Wallops Island in Virginia will help pay for repairs to the facility from an October rocket explosion and will also insure the launch pad, company and state officials said Thursday.
Mortgage giant Freddie Mac posts $4.2B profit in 2Q; paying $3.9B dividend to government
Mortgage giant Freddie Mac reported net income of $4.2 billion for the second quarter, up sharply from the same period of 2014, as it increased its purchases of home loans and sold off greater volumes of riskier mortgages.
Federal appeals court upholds $96M to Chevron in contract dispute with Ecuador
A federal appeals court has upheld a $96 million arbitration award to Chevron Corp. stemming from a 1990s-era oil contract dispute with the government of Ecuador.
Long-running whistle-blower lawsuit settled in US Navy kickbacks case in Rhode Island
A couple from Georgia who filed a lawsuit that blew the whistle on wrongdoing by a longtime U.S. Navy employee and Navy contractors has agreed to settle for $90,000, and a federal judge in Rhode Island has dismissed the long-running case.
Shell icebreaker heads for showdown with activists dangling off Portland, Oregon, bridge
A Shell Oil icebreaker is heading for a showdown with environmental activists dangling from Portland, Oregon's tallest bridge.
USOC set to discuss Boston Olympics bid's future after mayor's support wavers
Boston's mayor delivered a harsh blow to the city's effort to host the 2024 Olympics when he declared on Monday he wouldn't sign any document "that puts one dollar of taxpayer money on the line for one penny of overruns on the Olympics." That document is the host city contract that has to be signed by government leaders before any city can be chosen as host.
Covered California says average cost of health care insurance increasing about 4 percent
Californians buying individual health plans on the state insurance exchange will see an average increase of about 4 percent in premiums for the second year in a row.
United Tech says Justice Department probes Sikorsky on Navy contract overbilling accusation
United Technologies Corp. says the Justice Department has launched a criminal probe into allegations that subsidiary helicopter maker Sikorsky and two subsidiaries overbilled the Navy on a contract.
Fed directs 8 biggest US banks to hold extra capital to reduce chance of future bailouts
Federal regulators are directing the eight biggest U.S. banks to hold capital at levels above industry requirements, to cushion against unexpected losses and reduce the chances of future taxpayer bailouts.




