Tagged: Bussiness news

Bussiness news : Pentagon F-35 program chief lashes Lockheed, Pratt 0

Bussiness news : Pentagon F-35 program chief lashes Lockheed, Pratt

AVALON, Australia (Reuters) – The Pentagon program chief for the F-35 warplane slammed the main contractors on the program, Lockheed Martin (LMT) and Pratt & Whitney, accusing them of trying to “squeeze every nickel”...

Bussiness news : Groupon shares crumple after dismal outlook, take-rate cut 0

Bussiness news : Groupon shares crumple after dismal outlook, take-rate cut

SAN FRANCISCO (Reuters) – Groupon Inc lost a quarter of its market value on Wednesday after the company revealed it began to take a smaller cut of revenue on daily deals during the holidays,...

Analysis: Cuts unlikely to deliver promised U.S. budget savings 0

Analysis: Cuts unlikely to deliver promised U.S. budget savings

WASHINGTON (Reuters) – On paper, there’s one thing to like about the ugly spending cuts due to kick in on Friday: $85 billion in budget savings at a time when Washington continues to bleed...