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FBN’s Adam Shapiro on a subsidiary of United Technologies pleading guilty to illegally selling military technology to China.
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-- Adam Shapiro -- -- Fox Business grief were well off session lows with less than thirty minutes left in the trading day right now the Dow was down roughly 75.
It was a tough day for oil with crude -- more than 3% during today's session oil rounded out the day 77 dollars and 69 cents a barrel -- New York trading.
And a subsidiary of United Technologies pled guilty to illegally selling military technology to China.
The violation is in connection to a modification in the engine software from its Hamilton Sundstrand unit that was ultimately used to develop military helicopters in China.
You TX is expected pay 55 million dollars in penalties.
And will invest an additional twenty million towards its compliance program we can to.
