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President-elect Joe Biden plans to nominate Lloyd Austin, a retired U.S. Army general, to serve as secretary of the Department of Defense, Politico reported Monday. Austin would be the first African American to lead DoD if confirmed by the Senate and sources said his selection for the top civilian post at the Pentagon could be announced as soon as T...

Lloyd Austin, former U.S. Central Command commander, has been elected to join United Technologies Corp.‘s (NYSE: UTX) board of directors. UTC said Wednesday the retired U.S. Army general will join the company on Sept. 1 and become one of 14 board members. Austin served in the Army for over 41 years and held various com...