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UAW Files Appeal With NLRB On Tennessee VW Plant Vote

DETROIT, Feb. 21 (UPI) — The United Auto Workers has filed an appeal alleging comments by political figures interfered unfairly in a union election at a Volkswagen plant in Tennessee. In a statement posted on its website, the UAW said it filed objections with the National Labor Relations Board, due to what it called “a […]

Markets Slip Friday After Downbeat Home Sales Report

NEW YORK, Feb. 21 (UPI) — U.S. stock markets struggled to make headway Friday, closing lower on a report the housing sector sagged in January. The National Association of Realtors said existing home sales fell 5.1 percent in January to an 18-month low. Sales of standing homes have dropped in five of the past six […]

BAE Secures Deal With Saudi Arabia On Typhoon Jet Pricing

RIYADH, Saudi Arabia, Feb. 21 (UPI) — BAE, the world’s third-largest defense company, has secured an agreement with Saudi Arabia over the pricing of 72 Eurofighter Typhoon strike jets, after two years of fraught negotiations and unsuccessful efforts to export the aircraft elsewhere. The deal is a major boost for BAE at a critical time, […]

Lockheed Introduces New Asset Tracking System

HUNTSVILLE, Ala., Feb. 21 (UPI) — Lockheed Martin has introduced a wireless, automatic identity technology for tracking assets such as munitions in challenging environments. The technology, called RuBee, was developed with Visible Assets Inc. and uses magnetic fields for tracking instead of radio frequency technology. “Historically, tracking sensitive items has been a very manual process […]

U.S. Equipping Light Infantry Units With Swedish Recoilless Weapon

LINKOPING, Sweden, Feb. 21 (UPI) — Saab’s Carl-Gustaf recoilless weapon is becoming standard-issue equipment for U.S. Army light infantry units, the company announced. The shoulder-fired, reusable 84mm weapon has long been part of the arsenal for U.S. special operations forces and will now provide the U.S. Army with a capability that infantry units using disposable […]

Inflation Heads Higher In Canada

OTTAWA, Feb. 21 (UPI) — The consumer price index in Canada jumped to 1.5 percent in the 12 months to January from 1.2 percent in December, Statistics Canada said Friday. Inflation has climbed sharply over two months. In November, the annual rate stood at 0.9 percent. Gains in January were led by higher costs for […]

SEC To Test Using Wider ‘Tick Size’ For Stock Trading

WASHINGTON (UPI) — Washington regulators said Friday pricing stock penny by penny might be improved by increasing the minimum to a nickel, for example. The U.S. Securities and Exchange Commission said the regulator would implement a test program that would have stocks trading with wider “tick sizes,” a tick being essentially like the motion of […]

Taxes From Recreational Marijuana Turning Heads

DENVER (UPI) — Tax revenues from recreational marijuana sales in Colorado are turning heads, even as they begin to trickle in for the first time, various observers say. “It’s well on its way to being a billion-dollar industry,” Michael Elliott, executive director of the Marijuana Industry Group told The New York Times. “We went from […]

Sales Of Existing Homes Stalled In January, Weather Blamed

WASHINGTON (UPI) — “Disruptive” weather was a factor as sales of existing U.S. homes fell 5.1 percent in January, the National Association of Realtors said Friday. Sales dropped to a seasonally adjusted annual rate of 4.62 million, the lowest level in two and a half years, the trade group said. “Disruptive and prolonged winter weather […]

BAE Systems Touts Its Q-Warrior Helmet

LONDON, Feb. 20 (UPI) — BAE Systems says its newest helmet-mounted display technology for special operations forces is exceeding expectations in U.S. military field testing. The Q-Warrior helmet, designed and built by the company’s electronic systems business in Britain, introduces a high-transmission and high-luminance see-through, high-resolution color, collimated display to allow the use of symbols […]

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