UFO Info Week-End

* Northrop Grumman Corp NOC

* Northrop Grumman Corp (NOC.N) expects to keep gainingfrom shifts in U.S. national-security priorities that arehelping the company challenge Boeing Corp (BA.N) as thenation’s No 2 defense contractor * A U.S. congressional panel launched to investigate thefinancial crisis includes a host of well-known business andconsumer advocates, setting the stage for a potentiallycontentious inquiry. * A federal judge granted class-action status to a consumerlawsuit that accuses a unit of Toys “R” Us Inc.

and fivemanufacturers of conspiring to fix prices on a variety of babygoods, including strollers, high chairs, car seats and breastpumps. * In a bid to revive support for free trade within theU.S., the Obama administration plans to press foreign nationsto increase imports of U.S. agriculture and manufacturing –but not to push so hard as to ignite a protectionist backlash. * China’s government has turned its economy around farfaster than most thought possible, as officials said growthaccelerated to 7.9 percent in the second quarter.

* California leaders say they are near a compromise onfixing the state’s $26 billion budget shortfall, signaling theend of a weeks-long impasse that has forced officials to issueIOUs to keep the state out of default * U.S. Democrats proposed $100 billion in new fees on thehealth insurance industry as health-care legislation tookanother step forward in the Senate * India selected two sites where U.S. companies can plan tobuild nuclear-power reactors, a significant step in the twocountries’ agreement last fall to end a 34-year moratorium onnuclear trade. * Citigroup Inc (C.N) has been negotiating with the FDICabout entering into a so-called memorandum of understandingthat lets the bank work out its problems without the glare ofoutside attention. * The latest version of Apple Inc’s (AAPL.O) iTunessoftware blocks rival Palm’s (PALM.O) Pre smart phone fromaccessing the online store. * United Steelworkers President Leo Gerard accused GeneralElectric Co (GE.N) Chairman and CEO Jeffrey Immelt of hypocrisyfor touting GE’s new focus on American manufacturing, sayingthe company doesn’t support “Buy American” policies. Stocks Funds News ETFs News China. Cox Enterprises to Sell The Daily Sentinel and The Nickel (Grand Junction,Colo.) to Grand Junction Media, Inc.ATLANTA, July 16 /PRNewswire/ — Cox Enterprises, Inc.

announced today it hasreached a definitive agreement to sell The Daily Sentinel and The Nickel(Grand Junction, Colo.) to Grand Junction Media, Inc., which is owned bySeaton Publishing Co. The transaction is expected to close in the upcomingweeks.(Logo: http://)”Cox greatly values the contributions made by TheDaily Sentinel, The Nickeland their employees,” said Doug Franklin, executive vice president, CoxNewspapers. “Seaton Publishing has nearly two centuries of experiencepublishing newspapers and serving advertisers. Under its leadership, we areconfident that TheDaily Sentinel and The Nickel will continue to be vitalwithin Grand Junction.” The executive team at The Daily Sentinel will remain in place. Jay Seaton,executive vice president of Grand Junction Media, will join that team and moveto Grand Junction.