TheNewsRoom | Tanker bids reopened; US stocks slump

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Tanker bids reopened; US stocks slump

July 09, 2008

The Pentagon reopened bidding on an aerial refueling tanker; stocks continue recent slide. The Pentagon will hold a new competition for the $35 billion dollar aerial refueling tanker contract. Meanwhile the markets extended their downward spiral, pushing the S&P into bear market territory. Bobbi Rebell reports.