Oilfield firm Halliburton Co. on Tuesday posted its third consecutive quarterly profit and said customer spending in the United States could jump 20 percent next year, as stronger oil prices and drilling activity boost demand for services and equipment. Oil prices have rallied to multi-year highs with global crude futures climbing 4.5 percent in the…
Halliburton Posts Q3 Profit as Drilling Rebounds, Eyes Jump in Customer Spending
Military Contractors Raked in $4.4 Trillion Since 9/11: Study
The Pentagon has spent some $14.1 trillion over the last 20 years, at least $4.4 trillion of which has gone to military contractors, according to a new study from the Center for International Policy. The Center for International Policy released the research (pdf) in conjunction with The Costs of War Institute on Sept. 13, noting that many studies have…
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