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    Northrop sells advisory-services unit for $1.65B

    LOS ANGELES — Northrop Grumman said Sunday it agreed to sell its advisory services business TASC Inc. to private equity firm General Atlantic LLC and affiliates of Kohlberg Kravis Roberts & Co. for $1.65 billion in cash.

Clearing up misconceptions about Roth IRAs

Question: I'm 23 and have been making a point of saving money in a savings account. I've been told that a savings account isn't good for my future and that I should invest in a Roth instead. But I don't want to choose anything risky. Would I lose money if I invest in a Roth?



Funeral Services:
Bradford O'Keefe Funeral Homes
Home Improvement:
Window King
Investment services:
Trinity Investments
Construction Services:
Blanchard Construction
OB/GYN:
Dr. Donna Alexander
Heating and Air Conditioning:
Barnes Heating and Air

Philadelphia transit system running as strike ends

Representatives of Philadelphia's transit system and its largest union signed a contract early Monday, bringing an end to a strike that idled the city's subways, buses and trolleys for six days.

  • MasTec to Acquire Precision Pipeline, LLC

    MasTec, Inc. (NYSE: MTZ) today announced that it has signed a definitive agreement to acquire Precision Pipeline, LLC, a leading natural gas, crude oil and refined products transmission pipeline infrastructure services provider in North America for a purchase consideration of $150 million, subject to certain purchase price adjustments and an earnout. The transaction is contingent on financing availability on terms and conditions acceptable to MasTec, in its sole discretion, and there is no break-up fee if such financing is not available.

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