Defense company General Dynamics secures $5.8 billion contract from British army
General Dynamics has landed a $5.76 billion contract to make armored vehicles for Britain.
USDA launches dairy insurance program, replacing old subsidies eliminated by farm bill
U.S. Agriculture Secretary Tom Vilsack says dairy farmers can begin signing up Sept. 2 for a new program that replaces old subsidies.
UK to pay defense firm Raytheon $373M after tribunal award for unlawfully ending contract
Britain's government says it will pay some 224 million pounds ($373 million) to defense firm Raytheon Systems Ltd. for unlawfully ending a contract for a program meant to collect information in advance about passengers traveling to and from Britain.
California poised to sweeten film tax credits to keep productions from leaving
Hoping to keep film production in California, lawmakers have moved to quadruple tax subsidies for location shoots.
Companies race to begin first human tests of vaccines developed by US, Canadian governments
Scientists are racing to begin the first human safety tests of two experimental Ebola vaccines, but it won't be easy to prove that the shots and other potential treatments in the pipeline really work.
Fallout from Portuguese bank costs French financial group Credit Agricole $950 million
Credit Agricole's second-quarter profit was nearly cut in half as the French bank became the first major foreign shareholder to report its loss in Portugal's biggest banking scandal.
US jobs boost Asian stocks but gains tempered by Argentina default, Portugal bank bailout
Asian stock markets were mostly higher Monday after a sixth month of healthy employment growth in the U.S. but gains were tempered by jitters over Argentina's debt default and a Portuguese bank bailout.
US House candidates claim 'all-of-the-above' energy solutions, stark differences reveal divide
Montana's U.S. House candidates claim to offer "all-of-the-above" solutions to the nation's energy problems — a familiar mantra among politicians keen to give equal attention to fossil fuels and renewables such as wind and solar.
Federal government meets goal for giving 23 percent of contracting dollars to small businesses
The government has reached its annual goal of giving small businesses 23 percent of contracts for the first time in eight years.
CEO of steel company that did over $500 million of work on WTC is arrested on fraud charges
The Canadian owner of a company that won nearly $1 billion in contracts to provide steel for the construction of the World Trade Center's tallest building and an adjacent transit center has been arrested on fraud charges.
Federal fraud probe in nation's capital looks for sham partnerships in major building projects
Federal investigators looking for fraud in the nation's capital are scrutinizing a program meant to give local contractors a share of major construction projects, people familiar with the probe have told The Associated Press.
Varying estimates of health care premium subsidies leave some consumers wary of higher bills
Linda Close was grateful to learn she qualified for a sizable subsidy to help pay for her health insurance under the new federal law.
Business Highlights
___ Across US job market, layoffs are becoming rare WASHINGTON (AP) — The risk of losing your job is getting smaller and smaller.
Gender gap: Women business owners behind men in loans, contracts, Senate committee report says
Women who own small business are still far behind their male counterparts when it comes to getting loans and government contracts, a congressional report said Wednesday.
Congressional investigators got subsidized health insurance using bogus identities
Congressional investigators using fake identities were able to obtain taxpayer-subsidized health insurance under President Barack Obama's law, according to testimony to be delivered Wednesday.
Appeals court decision threatens health law subsidies in 36 states served by federal exchange
A federal appeals court has delivered a serious setback to President Barack Obama's health care law, potentially derailing billions of dollars in subsidies for many low- and middle-income people who bought policies.
Business Highlights
___ Microsoft makes design central to its future Before Ralf Groene helped devise the look and feel of Microsoft's Surface tablet, he designed food — or "food concepts," he says, such as dried noodles that come wrapped around a pair of chopsticks and a fork that squeezes out sauce.
Lisbon stocks fall sharply amid fears over fate of major Portuguese financial group
Share prices on the Lisbon stock exchange are falling more than 4 percent and Portugal's bond yields are ticking higher amid growing concern about the health of one of the country's largest financial groups.
Government says it made $100 billion in improper payments last year _ half by Medicare
The federal government says it made about $100 billion in payments last year to people who may not have been entitled to receive them.
Firm seeking $260M in state tax incentives for development deal in Camden
A company that makes components for power plants is seeking a $260 million, 10-year New Jersey tax incentive to do business in Camden in a deal that would be the third-most lucrative business incentive package ever from New Jersey's state government.