Defense Industry CEOs on Fiscal Cliff, Security

Dec. 3 (Bloomberg) -- David Hess, president of United Technologies Corp.'s Pratt & Whitney unit, Wes Bush, chief executive officer of Northrop Grumman Corp., Dawne Hickton, CEO of RTI International Metals Inc., and David Langstaff, CEO of TASC Inc., speak about U.S. defense spending, the potential impact of automatic budget cuts on the economy and national security, and the outlook for the industry. They speak at the National Press Club in Washington. (Source: Bloomberg)
U.S. Consumer Spending Rises 0.1%, Incomes Up 0.4%
27:21 - Consumer purchases rose less than projected in February, indicating the biggest part of the U.S. economy will find it hard to sustain momentum after the best quarter since 2006. Bloomberg’s Scarlet Fu reports on “In The Loop.” (Source: Bloomberg)
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