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U.S. markets news

STANLEY FISCHER: These 7 charts give me 'good reason to believe' inflation ...
stanley fischer REUTERS/Jonathan Crosby. Stanley Fischer isn't worried about the low inflation we're seeing in the economy.
Fed's Fischer sees inflation rebound, allowing gradual rate hikes  Reuters
China is growing at 'reasonable' pace despite pressures: Premier Li
BEIJING China's economy is growing at a "reasonable" pace and, despite growing pressure, the government can handle well the risks the country faces, Chinese Premier Li Keqiang said.
China, domestic GDP and RBA rates decision provide plenty of drivers  Sydney Morning Herald
Q&A about this week's market turmoil in China and beyond  Financial Express
Berkshire Hathaway builds stake in refiner Phillips 66
Billionaire investor Warren Buffett's company has amassed a stake worth nearly $4.5 billion in Phillips 66 more than a year after trading a chunk of its holding in the oil refiner for a chemical business investment.
Berkshire Hathaway Takes Larger Stake in Phillips 66  New York Times
Buffett's Berkshire takes $4.48 billion stake in Phillips 66  Reuters
US Army's $30 billion Humvee deal creates tension in the defense firms
U.S. Army has just awarded a contract to Oshkosh for a $30 billion Humvee replacement deal, and the agreement is creating serious waves throughout the defense industry.
Defense firms consider formal protest against US Army's Humvee contract  Benchmark Reporter
Oshkosh Corp won a $30bn contract to replace US Army's Humvee  Pulse Headlines
Tribunal Finds Suzuki-VW Alliance Has Terminated
TOKYO—An international arbitrator ruled that an alliance between Suzuki Motor Corp. 7269 5.22 % and Volkswagen AG VLKAY -1.38 % has been terminated and ordered the German car maker to dispose of its 19.9% stake in the Japanese auto maker, the ...
VW Ordered to Sell Back Suzuki Stake Valued at $3.8 Billion  Bloomberg
Suzuki Motor says to buy back VW stake as tribunal settles long feud  TODAYonline
Atari Games Dug Up In Landfill Sell For $100k
Hundreds of Atari game cartridges dug up in a New Mexico landfill last year have generated more than $100,000 (�65,000) in sales over the last several months.
Sales of Unearthed Atari Games Total $100000
Sales of unearthed Atari games total more than $100000...  WWAY NewsChannel 3
China to cap 2015 local government debt at 16 trillion yuan: Xinhua
China's parliament approved on Saturday a cabinet plan to cap total outstanding local government debt at 16 trillion yuan ($2.5 trillion) this year, the official Xinhua news agency reported.
Audacious move: China scraps loan-to-deposit ratio cap  The Express Tribune
China adopts local government debt ceiling  AsiaOne
Russian Proton-M rocket successfully launches Inmarsat-5 F-3 satellite
A Proton rocket with a Breeze M upper stage launched a British Inmarsat 5 F3 communications satellite from the Baikonur cosmodrome in Kazakhstan on Friday.
Boeing-built Satellite Will Create First Global High-Speed Broadband Network (press release)
Russian Rocket Launches Inmarsat Satellite  Wall Street Journal
Pentagon funding new venture to develop flexible sensors
The high-tech investment could lead to wearable health monitors that could be built into military uniforms or used to assist the elderly.
Pentagon, Apple, Boeing to develop wearable military tech  IBNLive
Pentagon funding becomes quite a high-tech venture
Twitter Is The Latest Tech Company To Half-Heartedly Commit To Diversity
The modest goal is among several diversity objectives at Twitter that the tech company announced Friday, marking its first time publicly pledging targets.
Twitter sets modest goals to diversity its workforce  Savannah Morning News
Twitter's diversity plan: approximately 40 women.  Los Angeles Times