Long delays in visa checks have made it difficult for U.S. companies who have foreign employees or who are doing business with foreign companies. Business groups complained they have not been able to make headway in opening up discussions with the Department of Homeland Security and the FBI about the delays.
Aeroflex announced it bought Celerity Systems from L-3 Communications for a deal worth $10.25 million. The acquisition came after Aeroflex and Celerity had worked together under a licensing agreement for test and measurement products.
China wants a space station within ten years, a Chinese space agency official said today. China also launched a research and mapping satellite from the same launch area where its first manned mission took off for space.
President Bush's request for $87.5 billion for the continued military action and rebuilding in Iraq and Afghanistan received Senate approval yesterday. The majority of the funds, or $65.7 billion, are earmarked for military purposes.
Coming off a strong summer travel season, Southwest Airlines reported a 41% increase in third-quarter earnings. The discount airline, which now flies only Boeing 737 planes, also said it was considering purchasing smaller Embraer jets.