Exxon Mobil Corp., on trial in New Hampshire for contaminating residents’ drinking water with a gasoline additive, will try to persuade a jury that federal law required the use of the chemical and that it didn’t harm anyone.
The Pentagon has offered little guidance to contractors that may be hurt by $46 billion in defense spending cutbacks over the next seven months, even as a budget document showed the effect on procurement accounts that pay companies from Lockheed Martin Corp. to Raytheon Co.
Doctors say they have cured an infant born with HIV for the first time by giving her a cocktail of drugs shortly after birth, a result that could point the way toward saving the lives of thousands more infected children.
President Barack Obama and the U.S. Congress are squandering an “almost once-in-generational opportunity for America to solve its fiscal problems,” former Republican presidential candidate Mitt Romney said.
Cybersecurity should be made the top issue in any U.S. trade discussions with China as a way to pressure the government in Beijing to halt rampant computer espionage, U.S. House Intelligence Committee Mike Rogers said.
Money managers removed a record $4.23 billion from commodity funds in the week ended Feb. 27, led by declines in precious-metal holdings, as raw materials capped the biggest monthly loss since October.