International Business News - BA http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of aerospace and defense companies fell Friday as the broader market moved modestly lower, as oil prices again closed at a record high, tempering positive news that new home construction jumped in April. http://www.ibtimes.com/articles/20080516/closing-glance-aerospace-and-defense.htm Fri, 16 May 2008 16:13:23 EDT John McCain's campaign is asking staff members to disclose all previous lobbying ties following the resignation of two officials linked to a firm that worked for Myanmar's military junta. http://www.ibtimes.com/data/articleimgs/47726-mccain-2008.jpg http://www.ibtimes.com/articles/20080516/mccain-asks-staff-to-disclose-lobbying-ties.htm http://www.ibtimes.com/articles/20080516/mccain-asks-staff-to-disclose-lobbying-ties.htm Fri, 16 May 2008 19:02:39 EDT Aerospace and defense stocks fell in Friday morning trading, as the markets were pressured by falling consumer confidence and rising oil prices. A survey showed that consumer confidence reached its lowest point in almost 28 years in May, while oil prices reached record territory, passing $127 per barrel on the New York Mercantile Exchange. http://www.ibtimes.com/articles/20080516/opening-glance-aerospace-and-defense-stocks-fall.htm Fri, 16 May 2008 10:36:17 EDT Plane maker Airbus and diversified manufacturer Honeywell International Inc. on Thursday said they are developing a biofuel that by 2030 could satisfy nearly a third of the worldwide demand from commercial aircraft, without affecting food supplies. http://www.ibtimes.com/articles/20080515/airbus-honeywell-team-on-biofuel-for-airplanes.htm Thu, 15 May 2008 12:03:03 EDT Army criminal investigators are looking into damage to two military helicopters on a production line at a Boeing Co. plant in suburban Philadelphia, prompting the company to shut down the line. http://www.ibtimes.com/articles/20080514/boeing-shuts-down-chinook-production-line-in-pennsylvania.htm Wed, 14 May 2008 17:00:02 EDT After a nearly two-decade wait, a major tenant is finally coming to the much ballyhooed Global TransPark, a project originally designed to boost the economy of eastern North Carolina. http://www.ibtimes.com/articles/20080514/aircraft-parts-supplier-to-hire-1-000-at-nc-global-transpark.htm Wed, 14 May 2008 14:20:26 EDT Army criminal investigators are looking into problems found in two military helicopters on a production line at a Boeing Co. plant in suburban Philadelphia, prompting the company to shut down the line. http://www.ibtimes.com/articles/20080514/boeing-shuts-down-chinook-production-line-in-pa.htm Wed, 14 May 2008 12:22:45 EDT Airbus parent EADS said Wednesday it returned to profit in the first quarter as the planemaker increased deliveries and the company cut costs, helping offset the weaker dollar. http://www.ibtimes.com/articles/20080514/eads-returns-to-profit-with-airbus-deliveries-up.htm Wed, 14 May 2008 08:23:00 EDT Airbus parent EADS said Wednesday it returned to profit in the first quarter as the planemaker increased deliveries and the company cut costs, helping offset the weaker dollar. http://www.ibtimes.com/articles/20080514/eads-returns-to-1q-profit-with-deliveries-up.htm Wed, 14 May 2008 06:25:10 EDT Airbus parent EADS said Wednesday it returned to profit in the first quarter as the planemaker increased deliveries and the company cut costs, helping offset the weaker dollar. http://www.ibtimes.com/articles/20080514/eads-returns-to-profit-in-first-quarter.htm Wed, 14 May 2008 04:46:14 EDT Curtiss-Wright Corp. said Tuesday it has received an $8 million contract to provide processing modules to General Dynamics and Rockwell Collins Inc. for use in the U.S. Army's integrated computing systems. http://www.ibtimes.com/articles/20080513/curtiss-wright-receives-8m-contract.htm Tue, 13 May 2008 18:06:18 EDT Riding a hot streak that has doubled its stock price in the past three years, Hewlett-Packard Co. is rolling the dice on a $13.2 billion acquisition of technology services provider Electronic Data Systems Corp. http://www.ibtimes.com/data/articleimgs/45956-hp-eds.jpg http://www.ibtimes.com/articles/20080513/hp-taking-aim-on-ibm-with-risky-13-2b-acquisition-of-eds.htm http://www.ibtimes.com/articles/20080513/hp-taking-aim-on-ibm-with-risky-13-2b-acquisition-of-eds.htm Tue, 13 May 2008 16:51:14 EDT The Air Force is expected this week to award either Lockheed Martin Corp. or Boeing Co. a contract worth about $1.8 billion to build eight next-generation global positioning satellites. http://www.ibtimes.com/articles/20080513/air-force-expected-to-award-1-8b-gps-contract.htm Tue, 13 May 2008 14:56:29 EDT A New Orleans furniture salesman pleaded guilty Tuesday to spying for the Chinese government and providing Beijing with secret information on military relations between the U.S. and Taiwan. http://www.ibtimes.com/articles/20080513/la-furniture-salesman-guilty-of-spying-for-china.htm Tue, 13 May 2008 14:04:33 EDT Hewlett-Packard Co. is buying Electronic Data Systems Corp. for $13.2 billion in a deal that will create the second largest technology services provider behind IBM. http://www.ibtimes.com/data/articleimgs/45854-hp-eds.jpg http://www.ibtimes.com/articles/20080513/hp-to-buy-eds-for-about-13-2-billion-in-cash.htm http://www.ibtimes.com/articles/20080513/hp-to-buy-eds-for-about-13-2-billion-in-cash.htm Tue, 13 May 2008 11:48:08 EDT Hewlett-Packard Co. has agreed to buy Electronic Data Systems Corp. for about $12.6 billion to build a technology-services company that could challenge IBM. http://www.ibtimes.com/data/articleimgs/45816-hp-eds.jpg http://www.ibtimes.com/articles/20080513/buy-eds-for-about-billion-cash.htm http://www.ibtimes.com/articles/20080513/buy-eds-for-about-billion-cash.htm Tue, 13 May 2008 08:12:55 EDT Having seized the lead in personal computer sales worldwide, Hewlett-Packard Co. is stalking the technology services market for its next conquest. In what could turn into its biggest deal in six years, HP hopes to buy Electronic Data Systems Corp., which pioneered the concept of running data centers and providing other high-tech help for large companies and government agencies. http://www.ibtimes.com/data/articleimgs/45742-hp-eds.jpg http://www.ibtimes.com/articles/20080513/hp-has-eye-on-ibm-as-it-discusses-eds-acquisition.htm http://www.ibtimes.com/articles/20080513/hp-has-eye-on-ibm-as-it-discusses-eds-acquisition.htm Tue, 13 May 2008 00:01:45 EDT Hewlett-Packard Co. is negotiating to buy technology services provider Electronic Data Systems Corp. in a deal that could help the world's largest personal computer maker snap up more data management and consulting contracts. http://www.ibtimes.com/data/articleimgs/45692-hp-eds.jpg http://www.ibtimes.com/articles/20080512/hp-in-talks-to-buy-eds-for-reported-12b-to-13b.htm http://www.ibtimes.com/articles/20080512/hp-in-talks-to-buy-eds-for-reported-12b-to-13b.htm Mon, 12 May 2008 20:05:51 EDT Hewlett-Packard Co. is negotiating to buy information technology services provider Electronic Data Systems Corp. in a deal that could help the world's largest personal computer maker win more consulting contracts with large companies and government agencies. http://www.ibtimes.com/articles/20080512/hp-in-talks-to-buy-eds-in-deal-reportedly-worth-12b-to-13b.htm Mon, 12 May 2008 17:28:26 EDT Airbus Americas Inc. spent $220,000 in the first quarter to lobby on issues including legislation to reauthorize the Federal Aviation Administration and on a massive Air Force order for aerial refueling tankers, according to a disclosure report filed April 18. http://www.ibtimes.com/articles/20080512/airbus-americas-spent-200-000-to-lobby-in-first-quarter.htm Mon, 12 May 2008 15:25:01 EDT