12:47 PM EDT, 05/16/2024 (MT Newswires) -- Lockheed Martin ( LMT ) stealth fighters under the US Department of Defense's F-35 Lightning II Joint Strike Fighter program are facing delayed upgrades and production issues, according to a Thursday report from the Government Accountability Office. The Defense Department is in its sixth year of program modernization called Block 4 and the...

LONDON (Reuters) - Anglo American has been looking for partners for its fertiliser project in North Yorkshire for around six months, Chief Executive Duncan Wanblad told Reuters, reiterating the business will be one of three pillars of the revamped miner, even as work there stalls. The London-listed miner outlined a radical plan on Tuesday to shrink by divesting less profitable...

Chubb Limited ( CB ) shares are trading higher Thursday after an SEC filing showed Berkshire Hathaway purchased 25.92 million shares of the stock. The Details: Berkshire Hathaway, led by Warren Buffett, disclosed a 6% stake in the company valued at roughly $6.7 billion. Chubb ( CB ) is Berkshire Hathaway's ninth largest holding as of the end of March. ...

12:45 PM EDT, 05/16/2024 (MT Newswires) -- The US is looking to give oil licenses to certain companies operating in Venezuela, prioritizing them over those seeking to enter the country for the first time, Reuters reported Thursday, citing unnamed people close to the discussions. The plan might support companies like Eni (E) that have projects frozen because of US sanctions...