CUPERTINO, California Apple® has sold over five million of its new iPhone® 5, just three days after its launch on September 21, and more than 100 million iOS devices have been updated with iOS 6, the worlds most advanced mobile…

BATH, Maine The U.S. Navy has awarded General Dynamics Bath Iron Works, a business unit of General Dynamics (NYSE: GD), a $38.9 million modification to a previously awarded contract to perform class and engineering services associated with the detail design…

TEMPE, Arizona - The the Dahlman Rose Global Transportation Conference will be presented by US Airways' (NYSE: LCC) President Scott Kirby will be presented on Wednesday, September 5 at 9:25 AM ET. Kirby will also present at the Deutsche Bank…

For fiscal year 2012 (which ends on September 30), the federal budget deficit will total $1.1 trillion, CBO estimates, marking the fourth year in a row with a deficit of more than $1 trillion. That projection is down slightly from…

NASHVILLE, Tenn. Dave Ramseys The Lampo Group, Inc. and Clear Channel Media and Entertainment today announced an agreement to add The Dave Ramsey Channel to the iHeartRadio digital platform. Beginning Monday, August 6, the digital-only station will provide fans 24/7…

WASHINGTON The U.S. Department of Transportation (DOT) today fined Philippine Airlines, Santa Barbara Airlines, and ticket agent Pacific for Less for violating the Departments expanded airline passenger protection rules that took effect in January. Philippine Airlines and Pacific for Less…

Catalyst Paper announced today it is closing its paper mill in Snowflake. The decision means more than 300 people are losing their jobs in September. Hundreds more in the community who do business with the mill will also be impacted…

Allegedly Made False Statements to HUD in Connection with Refinancing of Nursing Homes Three individuals have agreed to pay $5.325 million to resolve allegations that they knowingly made false statements in connection with a mortgage refinance scheme. The three individuals…

WASHINGTON, D.C. The U.S. Department of Transportation (DOT) today fined online travel agent Travelocity $180,000 for violating the Departments rule on full-fare advertising by failing to include fuel surcharges and other fees in advertised airfares and ordered it to cease…

PHOENIX For the first time since June, 2009 the State of Arizona has set reserve money aside in a savings account to cushion future General Fund budget shortfalls. $450 million has been deposited in the Budget Stabilization Fund as prescribed…

WASHINGTONBarclays Bank PLC, a financial institution headquartered in London, has entered into an agreement with the Department of Justice to pay a $160 million penalty to resolve violations arising from Barclays submissions for the London InterBank Offered Rate (LIBOR) and…

Kaleida Health launches state-of-the-art cardiac care facility next to Buffalo General WASHINGTON - Kaleida Health held the grand opening of its new Gates Vascular Institute in Buffalo, New York. The new facility's construction was financed by $100.3 million mortgage made…