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NASA extends ISS integration contract

Lockheed Martin Integrated Systems Inc. of Houston has held the ISS cargo mission contract since January 2004. NASA said the one-year extension will bring the total value of the contract to $381 million.

27/08/2009 11:49 AM

NASA awards pressure systems contract

The space agency said the Cleveland firm will provide on-site services for the certification of pressure vessels and systems, and the operation, maintenance and engineering of cryogenic systems in various locations throughout Glenn and NASA's Plum Brook Station in Sandusky, Ohio.

27/08/2009 11:49 AM

Economic Outlook: Looking deeper into data

U.S. new home sales in July surprised nearly everybody, jumping 9.6 percent, the Commerce Department said. On Wednesday, Commerce reported a 4.9 percent gain in durable goods orders, the sharpest gain in two years.

27/08/2009 11:49 AM

Israeli-Palestinian trade growing

The figures were presented by the Customs Administration of Israel's tax authority at a conference for Palestinian businessman at the international Allenby Bridge border crossing terminal between Israel and Jordan, Globes, an Israeli business news Web site, said Wednesday.

27/08/2009 11:49 AM

US Airways raises baggage fees

The carrier, based in Tempe, Ariz., announced on its Web site it would charge $50 for the second bag on flights to Europe, saying the new fee structure would take effect Oct. 7, The Dallas Morning News reported.

27/08/2009 11:49 AM

Overcapacity looms in China

The government already has placed a three-year moratorium on expansion in the iron and steel industry.

27/08/2009 11:49 AM

Resetting 'option ARMs' loom as threat

The resets will result in jumps in monthly housing payments higher than many holders of such option adjustable-rate mortgages can afford, The New York Times reported Wednesday.

27/08/2009 11:49 AM

Clunker tally: Nearly 700,000 sold

The top seller under the program, which wrapped up Tuesday night, was the Toyota Corolla, while the most frequent trade-in was the 4 wheel-drive Ford Explorer, U.S. Department of Transportation officials said in a release Wednesday.

27/08/2009 11:49 AM

New home sales surge 9.6 percent

The government figures indicated that 433,000 new homes were sold last month, compared with 395,000 in June.

27/08/2009 11:49 AM

FAA probes Southwest over parts use

FAA spokesman Lynn Lunsford told Wednesday's Dallas Morning News the agency was trying to determine how the parts got onto the planes and that it was too early to comment.

27/08/2009 11:49 AM

U.S. thrifts post first profit since 2007

The Office of Thrift Supervision said in a release the industry's $4 million profit in second quarter of 2009, while small, is positive indicator for the future.

27/08/2009 11:49 AM

FDIC sets purchase rules for equity firms

The Federal Deposit Insurance Corp. board voted 4-1 to establish stringent ground rules by which board members hope to attract more private capital to the struggling institutions while at the same time protecting taxpayers, the business news Web site Marketwatch reported.

27/08/2009 11:49 AM

Markets drift higher into close

The sluggish markets didn't get much of jolt from a U.S. Commerce Department report indicating new home sales surged in July, rising 9.6 percent over the previous month's rate, as the Dow Jones Industrial Average finished up 4.23 points at 9.543.52, a gain of 0.04 percent.

27/08/2009 11:49 AM

US Airways raises baggage fees

The carrier, based in Pittsburgh, announced on its Web site it would charge $50 for the second bag on flights to Europe, saying the new fee structure would take effect Oct. 7, The Dallas Morning News reported.

27/08/2009 11:49 AM

Toyota recalls cars on brake icing concern

In a statement released from Toyota's U.S. headquarters in Torrance, Calif., the Japanese automaker says the recall affects certain 2009 and 2010 Toyota Corollas, Corolla Matrixes and 2008 and 2009 Scion xD vehicles equipped with 1.8 liter engines.

27/08/2009 11:49 AM







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