LONDON – Iraqi Prime Minister Nouri al-Maliki said Tuesday that the killings of civilians in Haditha last year — allegedly by U.S. Marines — were not justified and cautioned that coalition troops need to show more care. Al-Maliki, speaking in a television interview with the British Broadcasting Corp., also expressed …
Read More »Teen Entrepreneurs Headed to China
With plans to turn a teachers’ lounge into a full-fledged healthy café for students, a team from Santa Monica High School took first place at the fourth-annual Students for the Advancement of Global Entrepreneurship (SAGE) USA Competition Friday in New York. Click here to visit FOXBusiness.com’s NEW Small Business page. …
Read More »Soldiers, Civilians Killed in Afghanistan Violence
KABUL, Afghanistan – A car bomb possibly targeting a convoy of coalition troops killed three people in the capital Sunday, while one French and 16 Afghan soldiers were killed and about 40 other troops wounded in two firefights in southern Afghanistan, officials said. The country’s foreign minister, meanwhile, claimed that …
Read More »U.S. Could Sell Sensitive Technology to Chinese Importers
BEIJING – The United States may ease regulations on Chinese imports of sensitive American technology if the importers can show they are not using it for military purposes, a U.S. official said Monday. Companies that earn such trust could skip some bureaucratic oversight on importing restricted technologies that could have …
Read More »HUD Chief's Comments Are Subject of Investigation
WASHINGTON – An inspector general is investigating Housing and Urban Development Secretary Alphonso Jackson‘s comments to a business group that he rejected an advertising contract because the contractor had criticized President Bush. “We have received a number of complaints from the public as well as from members of Congress,” Michael …
Read More »Boeing Agrees to Buy Aerospace Parts Maker Aviall for $1.7B
NEW YORK – Boeing Co. (BA) said on Monday it agreed to buy aerospace parts supplier Aviall Inc. (AVL) for $1.7 billion, as the planemaker looks to expand its services operations in the wake of a boom in new plane orders. The deal marks the first major corporate move by …
Read More »Martha Stewart to Contest SEC Charges of Insider Trading
NEW YORK – Martha Stewart, who completed a five-month prison sentence a year ago for lying about her sale of ImClone stock, has decided to fight rather than settle civil insider trading charges brought by the U.S. Securities and Exchange Commission. In an 11-page response to the SEC complaint filed …
Read More »White House Plays Down Talk of Iraq Withdrawal Anytime Soon
WASHINGTON – The White House on Tuesday played down prospects of major troop withdrawals from Iraq in the near future. “We’re not going to sort of look at our watches and say, oop, time to go,” presidential spokesman Tony Snow said. The establishment of a unity government in Baghdad has …
Read More »Church Group: Global Warming Could Kill Millions
LONDON – Millions of people around the world face death and devastation due to floods, famine, drought and violence caused by global warming, according to a report by a charity group. A report to be released Monday by Christian Aid, an association of the major churches in Britain and Ireland, …
Read More »Verizon: We Didn't Give Customers' Call Records to NSA Either
NEW YORK – Verizon Communications Inc. denied Tuesday that it had received a request for customer phone records from the National Security Agency, bringing into question key points of a USA Today story. “Contrary to the media reports, Verizon was not asked by NSA to provide, nor did Verizon provide, …
Read More »