The Latest: US to sell $1 billion in arms to Saudi Arabia
The Trump administration is signing off on selling more than $1 billion in arms to Saudi Arabia as Crown Prince Mohammed bin Salman visits the United States
Sen. Sanders wants DoD to rein in 'excessive' contractor payments
Vermont Sen. Bernie Sanders , in a letter to Defense Secretary James Mattis first obtained by ABC News, criticizes the Pentagon for what he called "excessive" and "obscene" compensation to the nation's largest defense contractors. In the letter, Sanders argues the Pentagon needs to "fundamentally
How Donald Trump's Lobbying Ban Could Shake Up Washington
President-elect Donald Trump and his advisers are promising to keep lobbyists off his transition team and prohibit any future administration officials from lobbying for five years after they leave the government -- but some experts say the proposed rules may not be effectual. The move comes after
Stocks in Sectors Challenged Under Obama Rally After Trump Election Upset
While the reaction of the markets to Donald Trump 's surprise election win caused some alarm, this morning some industries have rallied around the news. With stock futures plunging last night, commentators were drawing comparisons to sell-offs last seen amid the financial crisis of 2008. But this
Navy to Take Charge of Huge, High-Tech Destroyer Worth $4 Billion
The U.S. Navy will soon take charge of the first in its newest, most advanced line of warships: the angular, tech-savvy -- and expensive -- USS Zumwalt. The largest and most technologically sophisticated destroyer in the Navy's fleet, the USS Zumwalt will be part of an ambitious "Zumwalt-class" of
What the Runaway Blimp Was Supposed to Be Doing
The military blimp that finally touched down in Pennsylvania today after breaking from its moorings is part of a $2.7 billion test program known as JLENS, which the Pentagon has developed to detect low-flying drones and cruise missiles. The Joint Land Attack Cruise Missile Defense Elevated Netted
From Nintendo to Nokia: 4 Tech Companies With Surprising Beginnings
Who says you can’t change course? Some of your favorite technology companies started out with a radically different plan, selling items that would look out of place among their line-up today. Can you guess which cell phone company started out making paper? Click through to find out. Koss
Apple (AAPL) CEO Tim Cook 'Proud to Be Gay'
Morning Money Memo: Apple CEO Tim Cook says he’s proud to be gay. In an essay written for Bloomberg Businessweek, Cook has become the highest-profile business leader to come out as gay. Cook says that while he never denied his sexuality, he never publicly...
Watch a Gubernatorial Candidate Take a Hit of Pot
One gubernatorial candidate is blazing the campaign trail, quite literally. Anne Armstrong is a medical cannabis caregiver and patient running as a write-in candidate for Rhode Island governor. “Yes, I do smoke cannabis, and yes, I do inhale,” she says in a campaign video on...
New college rankings & AFC preview
The NCAA and the football-factory conferences endlessly say their players are not unpaid semipros; rather, they're true student-athletes. So let's take them at their word and rank the country's top college football programs with education as important as victory. Introducing ESPN Grade , a whole