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As Obama gave Syria nod, his coalition was still unclear

(Reuters) - The effectiveness of the U.S.-led coalition effort in Syria is under scrutiny as Islamic State fighters try to overrun a strategic Syrian town on Turkey's border. The United States and its allies, including Gulf states, have conducted more than 130 airstrikes in Syria...

US-led air war a boon for defense contractors

The US-led air campaign in Iraq and Syria is proving a boon to weapons makers, sending their share prices soaring and bolstering political support for higher defense spending. The open-ended air war against the Islamic State group will mean billions in sales for bombs and...