Drone-Hunting Lasers Coming Soon to U.S. Navy Ship

June 30 (Bloomberg) –- The U.S Navy has developed a brand new weapon that could become the norm for taking down enemy drones and other small vessels. The Laser Weapon System, or LaWS, is the Navy’s next line of defense against anything from Iranian unmanned drones to Somali pirate boats. The system will be installed on the USS Ponce and get tested across the Persian Gulf this summer. While the program is only in the prototype phase now, the weapon could be deployed across the Navy’s fleet by 2017. (Source: Bloomberg)
Hank Greenberg a Decade After AIG
06:56 - Bloomberg's Max Abelson recaps his interview with AIG's Ex-CEO Maurice “Hank” Greenberg. Abelson speaks on “Bloomberg Markets.” (Source: Bloomberg)
  • Breaking Down Retail Earnings
  • Alec Baldwin: Letterman Left Because He's an Older Guy
  • No Sign of Progress in Greek Bailout Talks