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U.S. markets news

Dow week goes out like a lamb
DAYS AFTER China threw the biggest scare into Wall Street in years, U.S. stocks have come surging back and ended the week on a placid note that suggested the worst may be over for now.
Wall Street ends flat  Independent Online
Wall Street Ends Another Volatile Week with Flat Close  Modern Readers
Press Examiner  
Tank-Like Oshkosh JLTV To Replace Humvee Fleet Of US Military
While the Humvee has been a symbol of the United States Army, the JLTV will be able to provide the nation's troops with more advanced protection and mobility in off-road terrain.
Oshkosh Defense's Humvee Replacement Is Armored Truck  The Times
Q&A: Mequon manufacturer had 'fingers crossed' for Oshkosh Corp.  Milwaukee Business Journal
Exclusive - Arab OPEC producers brace for oil-price weakness for rest of 2015 ...
DUBAI/LONDON A second oil price rout of 2015 has forced Arab OPEC members to cut their price expectations for this year, showing they are prepared to tolerate cheaper crude for longer to defend market share and curb rivals' output.
Why Saudi Arabia won't cut oil production  CNNMoney
Fed yet to decide on hike; China not a concern: Fischer
Stanley Fischer, Vice Chairman of the US Federal Reserve says the Federal Reserve still has two weeks to decide on rate hike and would wait for the incoming economic data before taking a call.
Stock market, jobs report key to Fed's decision, official says  Columbus Dispatch
Treasuries' Wild Ride a Prelude to Key Jobs Report Before Fed  Bloomberg
Brazil 2016 savings target hinges on tax hike
Brasilia: Brazil will not reach its 2016 fiscal savings target unless Congress approves a new financial transaction tax scorned by the private sector, a senior government official told Reuters on Friday.
Brazil's GDP posts second consecutive contraction  Newsday
Brazil Recession: GDP Plunges 1.9 Percent in Second Quarter  New York Times
Twitter Sets Modest Goals to Diversify Its Workforce
Twitter is setting modest goals to diversify its workforce while it fights a proposed class-action lawsuit that says the online messaging service discriminates against its female employees.
Twitter's diversity plan: approximately 40 women.  Los Angeles Times
Twitter to increase female headcount to 35pc in major diversity push
July consumer spending up 0.3%
Shoppers look at cosmetics in a Target store in Boston earlier this month. “The consumer is pretty much chugging along,” one economist noted about July's spending report.
US consumer spending up moderate 0.3 percent in July  Barre Montpelier Times Argus
Consumer spending up slightly  Pueblo Chieftain
Pentagon teams up with Apple, Boeing to develop wearable tech for soldiers
MOUNTAIN VIEW, CALIFORNIA: US Defense Secretary Ash Carter awarded $75 million on Friday to help a consortium of high-tech firms and researchers develop electronic systems packed with sensors flexible enough to be worn by soldiers or molded onto ...
Pentagon to invest $75 million in local tech industry  Mountain View Voice
Secretary of Defense unveils $75-million investment in Silicon Valley venture  Los Angeles Times
UPDATE 3-Scotiabank energy-sector bad loans climb; profit tops estimates
(Adds CFO comments, updates shares). By John Tilak. TORONTO Aug 28 (Reuters) - Bank of Nova Scotia, which reported a quarterly profit that beat market expectations on Friday, said bad loans in the energy sector climbed as the oil price selloff took a toll.
Scotiabank CEO touts positives of cheap oil as lender wraps week of bank ...
Boeing shows off its portable drone-killing laser
The US government and military have identified a new threat in modern day warfare: commercial drones adapted to carry explosives or chemical weapons.
Laser takes down drone  Fx Report Daily
Watch Boeing's Portable Laser System Knock Drones Out of the Sky