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Pentagon halts deliveries of F-35 fighter jets

4 years 1 month ago
The Pentagon says it's temporarily stopping deliveries of Lockheed Martin Corp's F-35 aircraft after learning from the manufacturer an alloy made in China was in a component of the stealth fighter jet, violating federal defense acquisition rules.

Iran deal breakthrough hopes continue to fade

4 years 1 month ago
Efforts to revive the Iran nuclear deal have again hit a snag as US officials charge that Tehran's latest response signals that it is not ready to return to an agreement in the immediate future as it has failed to cooperate on a probe into traces of undeclared nuclear material.

Cineworld movie chain files for bankruptcy

4 years 1 month ago
Cineworld Group — the world's second largest movie theater chain and owner of Regal Cinemas — said Wednesday that it has filed for Chapter 11 bankruptcy protection.

The UK's energy bailout could cost $172B

4 years 1 month ago
The United Kingdom's new prime minister is reportedly preparing to commit as much as £150 billion ($172 billion) to shield households and businesses from soaring energy bills, increasing government borrowing at a time when investors are already on edge about the country's finances.
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