Boeing weighs exiting $35B tanker competition
Boeing may exit the Air Force tanker contest if not granted an extra four months to complete its bid. The www process reopened after audit findings, with Boeing threatening a possible protest on the final bids request. Analysts note potential delays and costs for taxpayers as Boeing reviews revised requirements and considers other aircraft options.
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Bernanke Flags Crisis Toll on Economy and Policy
Federal Reserve Chairman Ben Bernanke warned that the financial crisis has deepened slowing growth and rising unemployment. He urged closer systemic oversight and stress tests while signaling possible rate actions if inflation risks rise, with markets optimistic on oil prices and a looming policy path through year end.
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