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Northrop wins $93 million deal to build drone for smaller warships

December 24, 2015 by · Leave a Comment 

Northrop Grumman Corp has won a contract worth $93.08 million to build a full-scale demonstrator of a new unmanned spy plane – a flying wing with large counter-rotating propellers – that would take off and land on destroyers and frigates, the Pentagon said on Thursday. Northrop has been working on a design for the…

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Northrop wins $93 million deal to build drone for smaller warships

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Apple asks court to make Samsung pay $180 million more in patent dispute

December 24, 2015 by · Leave a Comment 

By Andrew Chung NEW YORK (Reuters) – Just over a week after Samsung paid Apple more than $548 million for infringing the patents and designs of the iPhone, Apple has asked a U.S. court to force its biggest smartphone rival to cough up even more. In court papers filed on Wednesday, Apple Inc said Samsung Electronics Co Ltd owes nearly $180 million in supplemental damages and interest. Representatives for Samsung and Apple could not immediately be reached

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Apple asks court to make Samsung pay $180 million more in patent dispute

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U.S. retailers at risk of missing modest holiday sales goals

December 24, 2015 by · Leave a Comment 

CHICAGO/NEW YORK (Reuters) – Retailers are struggling to meet even modest forecasts for the holiday shopping season this year after the “Super Saturday” before Christmas failed to live up to its nickname, industry research groups said. The last Saturday before Christmas often sets the annual record for retail sales, vying with Thanksgiving weekend's Black Friday. This year Super Saturday weekend sales in stores and

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U.S. retailers at risk of missing modest holiday sales goals