News

Pentagon says cost cuts not aimed at profits

NEW YORK (Reuters) – The Pentagon’s chief arms buyer underscored on Wednesday the Defense Department’s determination to cut costs, but sought to reassure investors the initiative was not aimed at cutting industry profits. Read more

House approves short-term spending bill

WASHINGTON (Reuters) – The House of Representatives on Wednesday voted to avert a federal government shutdown by extending temporary funding for another two weeks, giving Democrats time to craft a more lasting solution. Read more

White House memo outlines new anti-leak measures

WASHINGTON (Reuters) – The White House has set up a special anti-WikiLeaks panel after the embarrassing flood of State Department cables leaked by the website, and its proposals include teams of inspectors who would prowl government agencies looking for ways to tighten security. Read more