Australia announces $232 million deal with L-3 Oceania for night fighting equipment
L-3 Oceania has received contracts worth $232 million from the Australian Ministry of Defense to provide night fighting equipment, the ministry announced Friday.
Tesla to acquire German company to speed up electric car production
Tesla announced plans on Tuesday to acquire German based-Grohmann Engineering, a company that specializes in automated manufacturing, in a bid to accelerate production of its high-end electric vehicles.
Taylor Swift is Forbes’ top-earning celebrity under 30
Taylor Swift tops Forbes' list of the highest-earning celebrities under 30, earning a $170 million paycheck in just one year.
Black Friday sales could hit record $3 billion online in U.S.
Retail analysts predicted Black Friday sales would top $3 billion online in the United States for the first time as consumers increasingly relied on the Internet for holiday shopping.
U.S. Air Force approves Lockheed Martin’s SBIRS ground system
The U.S. Air Force has signed off on Lockheed Martin's planned Space Based Infrared System ground system.
U.K. Royal Navy names fourth Astute-class submarine
Audacious, the U.K. Royal Navy's fourth Astute-class submarine, was officially named during a ceremony.
Amazon gets patent for floating blimp warehouse
Online retail giant Amazon was awarded a patent for an airborne blimp warehouse to house merchandise and facilitate drone deliveries.
Alibaba founder Jack Ma pledges to create 1M U.S. jobs after meeting Trump
Jack Ma, the founder and executive chairman of Alibaba Group, met with President-elect Donald Trump on Monday and pledged to create 1 million jobs in the United States.
Rolls-Royce to provide search-and-rescue vessel engines for Turkey
Rolls-Royce has been contracted to provide MTU diesel engines for the Turkish coast guard's six new search-and-rescue vessels.
Delta Air Lines cancels 80 flights Monday after systems outage
Delta Air Lines said it canceled about 80 flights Monday -- possibly more -- due to an outage affecting essential computer systems.
Chinese investor charged by SEC with insider trading in DreamWorks deal
The Securities and Exchange Commission charged a Chinese investor with insider trading in Comcast's acquisition of DreamWorks Animation.
Transocean says its phone is ringing
Rig company Transocean said that, after reporting an increase in revenues for the fourth quarter, recovery for offshore drillers was evident on the horizon.
Rheinmetall making ammunition for U.S. Air Force F-35s
Germany's Rheinmetall on Monday announced it will provide the U.S. Air Force with ammunition for F-35 fighters starting in December.
Lack of comma in Maine law results in $10M overtime pay for employees
Drivers for a Maine dairy won millions of dollars in overtime pay in a court case that hinged on the lack of a comma in a state law.