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In the final weeks of the Bush administration, the United Arab Emirates has agreed to purchase a $3.3 billion Patriot missile defense system. Washington is urging the UAE to purchase another missile defense system for more than twice that amount, as a means of deterring the potential threat from Iran.

The season of pleasure reading is upon us, and the publishing world has readied a handful of thrilling titles to be released just in time for the summer heat. After surveying the crop, here are our picks for fun reading in the sun.

Just two months after the Sept. 11, 2001, attacks, Congress established the Transportation Security Administration, eventually hiring some 50,000 airport screeners. Ten years and $40 billion later, screening has become a routine and often frustrating part of air travel. And some critics say the system still has holes.

American Airlines cancelled flights in and out of San Diego for a third day today. Officials are inspecting the wiring on MD-80 jets after federal inspectors raised safety concerns. KPBS reporter Andr

Wall Street, spooked by a slew of gloomy earnings reports out Wednesday, shrugged off the latest White House measures aimed at stabilizing global markets and instead pushed the Dow sharply lower. World leaders will gather Nov. 15 in Washington to address the global financial crisis.

Recent malfunctions affecting US Airways planes raise questions about a controversial and growing practice at most U.S. airlines: The industry is sending almost 1 out of every 5 planes needing overhaul or repair to developing countries, from Central America to Asia.

What's wrong at Airbus? The recent resignation of the chief executive adds to the turmoil at the European manufacturing conglomerate, which earlier delayed delivery of its much-heralded super jumbo passenger plane.

News of insider trading — resulting in multimillion-dollar profits — by crafty people like hedge fund manager Raj Rajaratnam or the infamous Ivan Boesky can make the average investor feel at a disadvantage. Against those big dog investors and algorithm-driven trading programs, how does the small-time market player stand a chance?

The Dow Jones industrial average shot up more than 100 points Wednesday to close above 13,000 for the first time. The markets seem to be reacting to unusually strong earnings reports from major companies and better-than-expected news on sales of durable goods.

Mechanics have made some mistakes fixing US Airways planes at an FAA-approved facility in El Salvador. Industry executives and the FAA say the maintenance work is just as safe as any work done in the U.S. But airlines and the FAA don't make maintenance problems public.