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NSA leak prompts questions over U.S. reliance on contractors
WASHINGTON/BOSTON (Reuters) - The U.S. government may have to reconsider how much it relies on outside defense contractors who are given top security clearances after an NSA contractor exposed top-secret...
Sale of AIG plane lease unit to Chinese group at risk
(Reuters) - A Chinese group's purchase of ILFC, one of the world's largest airplane leasing companies, could collapse after insurer American International Group Inc said on Friday it did not...
NY regulator asks insurers about readiness for cyber threats
(Reuters) - New York's top financial regulator has asked some of the largest U.S. insurance companies to disclose details on their preparedness for cyber attacks, following a similar request to...
Moore shows that as cities grow, tornado damage grows with them
(Reuters) - Moore, Oklahoma, has had the bad luck of being hit by two highly destructive tornadoes, both in the month of May, 14 years apart. But the Moore that...
Sprint seeks details from Dish on takeover proposal
(Reuters) - Sprint Nextel Corp on Monday said its merger partner, SoftBank Corp, has waived some terms of their agreement so that Sprint can seek more information from rival suitor...
Earnings beating forecasts but jury’s out on rest of season
NEW YORK (Reuters) - U.S. companies have easily beaten expectations for first-quarter earnings so far in the reporting season, but nearly half of the members of the S&P; 500 are...
Growth concerns dog Amazon as it shores up digital beachhead
SAN FRANCISCO/NEW YORK (Reuters) - Amazon.com Inc's stock sank 6 percent on Friday as a poor financial outlook revived concerns about whether the company can sustain its torrid pace of...
Apple’s cash plan takes heat off Cook, buys him time
(Reuters) - Tim Cook wants investors to "think different" about Apple: less as a hyper-growth startup-like company and more as a mature but robust technology corporation with the world's most...
Uncertainty surrounds compensation for Boston bomb victims
BOSTON (Reuters) - Victims of the Boston Marathon bombings will eventually win some kind of compensation, but it is far too early to know how much money there will be,...
J.C. Penney board comes under fire for CEO switch
(Reuters) - The board of J.C. Penney Co Inc is facing scathing criticism from retail investors and corporate governance experts after ousting Chief Executive Ron Johnson and replacing him with...