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Vietnam Receives Patrol Aircraft

PARIS, Aug. 4 (UPI) — Vietnam’s marine police have taken delivery of the first of three Airbus Military C212-400 light STOL aircraft. The C212-400 incorporates the latest systems and technologies, such as a Flight Management System and will be used primarily for maritime patrol role and missions such as coastal surveillance and missions to counter […]

Firm Holds 1 Million On Anti-terror List

WILMINGTON, Del., Aug. 3 (UPI) — U.S. security firm Regulatory DataCorp says it has more than 1 million people and groups on its anti-terror database that it wants to market to government and private-sector clients worldwide. The security industry has seen a dramatic surge in business since it expanded into data processing and intelligence gathering […]

Layoffs Rise For Third Month Running

CHICAGO, Aug. 3 (UPI) — U.S. companies announced 66,414 layoffs in July, the highest total in 16 months, a private consulting firm said Wednesday. After a first half of the year with announced job losses the lowest since 2000, international outplacement firm Challenger, Gray & Christmas, said July’s announced layoffs rose 60 percent over the […]

Factory Orders Off 0.8 Percent In June

WASHINGTON, Aug. 3 (UPI) — U.S. factory orders fell 0.8 percent in June, twice the drop economists expected, the U.S. Census Bureau reported Wednesday. Economists expected factory orders to fall 0.4 percent. Orders fell for the second month out of the past three, dropping by $3.8 billion to $440.7 billion. Excluding transportation items, orders rose […]

Mortgage Activity Rises On Lower Rates

WASHINGTON, Aug. 3 (UPI) — The Mortgage Bankers Association said U.S. mortgage activity increased in the week ending July 30 as interest rates fell. Interest rates for 30-year, fixed-rate mortgages dropped from 4.57 percent to 4.45 percent with points falling from 1.14 to 0.78. Rates for 15-year, fixed-rate contracts dropped from 3.67 percent to 3.52 […]

Service Firms See Slower Growth

TEMPE, Ariz., Aug. 3 (UPI) — Business activity in U.S. service industries grew in July for the 20th consecutive month, the Institute for Supply Management said Wednesday. The headline index for service businesses across the country showed slower growth than a month earlier with a reading of 52.7 in July compared with 53.3 in June. […]

July Rebound Month For U.S. Auto Sales

DETROIT, Aug. 2 (UPI) — U.S. auto companies reported sales rebounded in July, as Chrysler led the group with a 20 percent jump compared to July 2010, the company said. Ford Motor Co. sales rose 8.9 percent. For General Motors, sales were up 7.6 percent compared to a year ago, The Detroit News said Tuesday. […]

Consumers Curbed Spending In June

WASHINGTON, Aug. 2 (UPI) — Consumer spending dropped 0.2 percent in June, a clear indication the U.S. economy is sputtering, The Bureau of Economic Analysis said Tuesday. Consumer spending is often cited as making up 70 percent of the nation’s gross domestic product, which the government said last week rose by only 1.3 percent in […]

Ford Issuing Major Recall

DEARBORN, Mich., Aug. 1 (UPI) — Ford Motor Co. is recalling more than 1 million pickup trucks because a fire hazard related to corrosion, the automaker said Monday. Road salt in colder climates causes corrosion on straps that hold the fuel tank in place, which can potentially lead to a fire should the tank slip […]

Delta To Give Tax Refunds To Some Fliers

ATLANTA, Aug. 1 (UPI) — Delta Airlines said Monday it would refund federal taxes collected for tickets during a partial shutdown of the U.S. Federal Aviation Administration. The refund fits a small slice of fliers; it is applicable only to fliers who bought tickets before July 22 for flights beginning on or after July 23 […]

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