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Bush to announce new details of bank rescue plan- The Bush administration will spend $250 billion this year to purchase stock in banks and take a number of other bold steps in an effort to combat a global credit crisis that is threatening to push the country into a deep recession, industry and government officials say.
World stocks soar after US rally; Nikkei up 14 pct- World markets soared for a second day Tuesday, led by a record 14 percent jump in Tokyo, after Wall Street rallied from its worst week ever on optimism that government rescue efforts will heal the crippled global financial system.
Wildfires force frantic evacuations near LA; 2 die- Two huge wildfires driven by strong Santa Ana winds burned into neighborhoods near Los Angeles on Monday, forcing frantic evacuations on smoke- and traffic-choked highways, destroying homes and causing at least two deaths.
- Syria's president issued a decree Tuesday establishing diplomatic relations with Lebanon, and a foreign ministry official said the country will have an embassy in Beirut by the end of the year.
North Korea to resume nuclear dismantlement- North Korea planned to resume dismantling its nuclear program Tuesday for the first time in two months, days after the United States removed the communist regime from a terrorism blacklist as a reward under a disarmament pact.
Inmate who says he's too fat to die to be executed- A double murderer who says he's too fat to be executed humanely has passed a pre-execution exam and is cleared to receive a lethal injection Tuesday.
Therapy helps hard-to-transplant get a new kidney- Nearly one in three patients who need a kidney transplant may never get one because their bodies are abnormally primed to attack a donated organ. Now doctors are trying new ways to outwit the immune system and save more of those so-called "highly sensitized" patients - often with kidneys donated by living donors, considered the optimal kind.
Janet Jackson cancels more concerts- The doctor has again ordered Janet Jackson to postpone a return to her "Rock Witchu" tour.
Phillies beat Dodgers 7-5 in Game 4 of NLCS- The Philadelphia Phillies used their favorite staple, the long ball, to move within one win of the World Series.
Rays bash Red Sox 9-1 to take 2-1 series lead- B.J. Upton, Evan Longoria and the rest of the Tampa Bay Rays are bashing their way through their first trip to the playoffs. Upton and Longoria homered off a suddenly shaky Jon Lester, and the power-packed Rays cleared the Green Monster four times to beat the Boston Red Sox 9-1 Monday for a 2-1 lead in the AL championship series.
Northrop Grumman Announces Centers for Medicare and Medicaid Award for Enterprise System Development
McLEAN, Va. (Map) - Northrop Grumman Corporation (NYSE: NOC) has been awarded a contract by the Centers for Medicare and Medicaid Services (CMS) to help the agency modernize its services, improve health care quality and reduce costs.
Northrop Grumman Information Technology (IT) sector is leading a team that
will compete with 15 other contractors for task orders under the 10-year,
CMS will use the ESD contract to acquire IT services and solutions including new applications, systems maintenance and legacy systems migration. The scope of work includes planning, design, development, testing, implementation, operations and maintenance for CMS automated systems and business application software.
"Northrop Grumman will leverage its 10 years of experience with CMS to continue to support the agency's mission of providing effective, up-to-date health care coverage and promoting quality care for beneficiaries," said
Northrop Grumman's teammates on the contract include BearingPoint and
Iogen Technologies, McLean, Va.; Vangent, Arlington, Va.; Virginia Health
Quality Center,
Work on the contract will be conducted in Woodlawn, Md.
Northrop Grumman is a trusted integrator of advanced health solutions, including health and benefits systems management and information security. The company's services span the public health, healthcare delivery and life sciences domains, and include cutting-edge information exchange for electronic health records, Web-enabled workflow processing and large-scale information management.
Northrop Grumman Corporation is a
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