U.S. Attorney General defends backing Trump claim in defamation case

U.S. Attorney General defends backing Trump claim in defamation case
Attorney General Merrick Garland testifies before the Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies during a hearing on Capitol Hill in Washington, U.S., June 9, 2021. Susan Walsh/Pool via REUTERSU.S. Attorney General Merrick Garland on Wednesday defended a decision by the Justice Department to continue to defend Donald Trump against a lawsuit… Read More

General Dynamics revenue up 7% on aerospace

General Dynamics revenue up 7% on aerospace
A General Dynamics NASSCO ship yard entrance is shown in San Diego, California, U.S., June 17, 2019. REUTERS/Mike BlakeSurging demand for private jets fueled by hopes of economic recovery following mass COVID-19 vaccinationshelped lift defense contractor General Dynamics Corp's (GD.N) revenue in results posted on Wednesday.Shares rose more than 1% in morning trading to a… Read More

General Electric profit hit by slump in aviation business

General Electric profit hit by slump in aviation business
FILE PHOTO: The General Electric Co. logo is seen on the company's corporate headquarters building in Boston, Massachusetts, U.S. July 23, 2019. REUTERS/Alwyn Scott(Reuters) -General Electric saw far smaller cash outflow than estimated in the first quarter even as its lucrative jet engine business struggled with the pandemic-led collapse of air travel, driving down company… Read More