Wednesday, July 12, 2006

IRAQ RECONSTRUCTION CONTRACT CANCELLED -- "The Army is discontinuing a controversial multibillion-dollar deal with oil services giant Halliburton Co. to provide logistical support to U.S. troops worldwide, a decision that could cut deeply into the firm's dominance of government contracting in Iraq." Halliburton and the Army had been heavily criticized for what some claimed to be a sweetheart deal.