BAE Systems Full-Year Profit Jumps 13% on U.S. Spending Revival

BAE Systems Plc, Europe’s biggest defense company, posted a 13 percent gain in full-year earnings as U.S. military spending picked up and its planes and weapons were deployed in wars in Syria and Yemen. Underlying earnings before interest, tax and amortization rose to 1.91 billion pounds from 1.68 billion pounds a year earlier, the London-based maker of Eurofighter warplanes said in a statement Wednesday.

A Foot of Snow, Icy Cold to Blanket Northeast

The Northeastern United States braced for winter weather on Thursday, with storm warnings in place from Pennsylvania through Maine and forecasters calling for more than a foot of snow in some places. The forecast for the heaviest storm the region has seen this year comes a day after much of the northeast saw spring-like weather, with temperatures of 50 to 60 degrees Fahrenheit .

Snow Storm Takes Aim at U.S. South, Southeast

A winter storm packing heavy snow, sleet and freezing rain is on track for the U.S. South and Southeast where roads may become impassable and power outages are possible starting on Friday and into the weekend, forecasters said. A large swath of the United States, from Louisiana northeast through the Appalachian Mountains and into southern Pennsylvania, is expected to get as much as 8 inches of snow with 1 inch of sleet, according to the National Weather Service.