Wall Street closed on a calm note on Friday as US stocks have come surging back, days after the global market turbulence and worries about China's economy.
Washington - Oshkosh Corp. just won a massive $30 billion contract to completely replace the US Army's Humvee units. Other candidates for the elaboration of the military vehicles included industry giants Lockheed Martin and Humvee builder AM General.
Berkshire Hathaway, the holding company led by Warren E. Buffett, disclosed a $4.48 billion stake in the oil refiner Phillips 66, rebuilding a bet Berkshire had made in the energy industry before oil prices fell.
After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term US interest rate hike and help tamp down the market's ...
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.