Defense
Hanwha Ocean shares jump 10% after Trump says South Korean firm to build warships for U.S. Navy
The logo of South Korean shipbuilder Hanwha Ocean at their office building in Seoul, South Korea, October 15, 2025. Kim Hong-ji | Reuters Shares of South Korean firm Hanwha Ocean surged 10% Tuesday after U.S. President Donald Trump announced that the firm would help build new frigates for the country’s Navy. Speaking at a press […]
Read More
Greenland PM rebukes Trump special envoy overture
Greenland Prime Minister Jens-Frederik Nielsen on Monday rebuked President Donald Trump’s appointment of a special envoy to Greenland, the U.S. president’s latest move in his long-running effort to acquire the autonomous island territory of Denmark. “Greenland belongs to the Greenlandic people, and territorial integrity must be respected,” Nielsen said in a statement. “We are happy […]
Read More
U.S. seizes vessel off Venezuelan coast: Reuters
Government supporters participate in a protest against U.S. President Donald Trump’s order to blockade sanctioned oil tankers entering and leaving Venezuela, in Caracas, Venezuela December 17, 2025. Leonardo Fernandez Viloria | Reuters The United States is interdicting and seizing a vessel off the coast of Venezuela in international waters, three U.S. officials told Reuters on […]
Read More
Senate passes $901 billion defense bill that pushes Hegseth for boat strike video
The Senate gave final passage on Wednesday to an annual military policy bill that will authorize $901 billion in defense programs while pressuring Defense Secretary Pete Hegseth to provide lawmakers with video of strikes on alleged drug boats in international water near Venezuela. The annual National Defense Authorization Act, which raises troop pay by 3.8%, gained bipartisan backing as it moved through Congress. It passed […]
Read More
Defense stocks rally as Germany set to approve $60 billion defense splurge
Boris Pistorius, Germany’s defense minister, rides in a Leopard 2 A6 battle tank during a presentation by the German Army Panzer Battalion 203 in Augustdorf, Germany, on Feb. 1, 2023. Alex Kraus | Bloomberg | Getty Images German lawmakers are widely expected to approve a defense spending package worth more than 50 billion euros ($58.6 […]
Read More
European defense stocks slide as Zelenskyy ditches Ukraine NATO membership bid
European defense companies fell sharply on Monday as talks over a potential peace agreement to end the war in Ukraine took a new turn. President Volodymyr Zelenskyy said over the weekend that Ukraine was prepared to abandon the country’s longstanding aim of joining the NATO military alliance in exchange for alternative security guarantees to protect […]
Read More
Trump wants the U.S. shipbuilding industry to be great again. Here’s what it will take, and what’s at stake
President Donald Trump has vowed to lead a revival in U.S. shipbuilding, but the success of this manufacturing renaissance in a key sector for national security will rely on the expertise from overseas. The administration’s goal of a shipbuilding boom is a part of Trump’s “Make America Great” policy agenda. Trump signed an executive order […]
Read More
Two U.S. soldiers and a civilian interpreter killed in suspected Islamic State attack in Syria
A view of damaged Syrian General Staff Headquarters following multiple Israeli airstrikes in central Damascus, Syria on July 16, 2025. Bakr Al Kasem | Anadolu | Getty Images Three U.S. military personnel — two Army soldiers and a civilian interpreter — were killed on Saturday by a suspected Islamic State attacker who targeted a convoy […]
Read More
U.S. Veterans Affairs agency plans as many as 35,000 health-care job cuts this month, Washington Post reports
A person walks past the Department of Veterans Affairs headquarters a block from the White House on March 06, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images The U.S. Department of Veterans Affairs plans to eliminate as many as 35,000 health-care positions this month, the Washington Post reported on Saturday, […]
Read More
Putin can fund Ukraine war for years to come, ex-official says as Trump’s resolve is tested
U.S. President Donald Trump and Secretary of State Marco Rubio meet Russian President Vladimir Putin, to negotiate for an end to the war in Ukraine, in Anchorage, Alaska, U.S., August 15, 2025. Kevin Lamarque | Reuters Russian President Vladimir Putin has enough capital to fund the war in Ukraine for years to come despite economic […]
Read More