Automatic U.S. budget cuts set to go into effect March 1 are likely to affect the Pentagon’s ability to train alongside its NATO allies, undermining the alliance’s readiness, Pentagon spokesman George Little said.
The U.S. Defense Department is speeding deployment of the Navy’s John C. Stennis aircraft carrier group to the Middle East, four months ahead of its scheduled deployment, Pentagon spokesman George Little said.
Providence Equity Partners agreed to buy Daily Mail & General Trust Plc’s U.S. conference unit for about 106 million pounds ($175 million), enabling the publisher of Britain’s Daily Mail newspaper to pay down debt.
Furloughs of the U.S. military’s civilian workers that began yesterday will show their effects as the week goes on, from elimination of Saturday hours at a base pharmacy in Washington state to a potential slowdown in repairs on Patriot missile interceptors in Pennsylvania.
The Pentagon deployed military equipment and personnel, including about 300 Marines and sailors and 17 planeloads of power equipment, in an expanding effort to help New Jersey and nearby states recover from superstorm Sandy.