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Exclusive: Lockheed resumes F-35 jet deliveries to Pentagon – official

WASHINGTON (Reuters) – The U.S. Department of Defense has resumed accepting F-35 jet deliveries from Lockheed Martin Corp after reaching an agreement on who would cover the costs to fix a production error, a Pentagon official said on Monday. The terms of the agreement were not disclosed. The cost of the fix was $119 million, people familiar with the situation had previously told Reuters.

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Nestle and Starbucks strike $7.15 billion coffee licensing deal

LOS ANGELES/LONDON (Reuters) – Swiss-based Nestle , the world’s largest food and beverage company, will pay Starbucks Corp $7.15 billion in cash for exclusive rights to sell the U.S. chain’s packaged coffees and teas around the world, tying a premium brand to Nestle’s global distribution muscle.

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