Halliburton to face 15 percent payment withhold by Army
The Army will withhold 15 percent of payments on Halliburton's future invoices for Iraq and Kuwait troop support after the Pentagon rebuffed additional extensions. Halliburton, under scrutiny for alleged overcharges, said it believed a prior extension would stay in effect but confirmed the government will implement the clause requiring cost verification.
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No Decision From SEC on Google IPO Delayed
Google Inc awaiting final SEC approval for its long anticipated initial stock sale after seeking a 4 pm EDT effective time and facing a postponed decision as regulators close for the day. SEC spokesman John Heine said no ruling would be issued after 530 pm and noted ongoing updates to regulatory filings.
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