A Detroit-area contractor has pleaded guilty to accusations of stealing about $746,000.

The Pentagon says Lockheed Martin has beat out Boeing to win an Air Force contract worth up to $3.57 billion.

The Federal Reserve has auctioned $7.2 billion in safe Treasury securities to big investment firms, part of an ongoing effort to ease credit stresses.

A one-time dot-com billionaire has been convicted of stock fraud and obstruction of justice.

A person familiar with efforts by the Screen Actors Guild and Hollywood studios to reach a contract deal says the union has accepted an offer to resume negotiations.