The US Army has awarded a contract worth $ 30 billion to Oshkosh for Humvee replacements and this agreement has started creating some serious waves in the defense industry.
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.
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.
ALAMOGORDO, N.M. - A cache of Atari game cartridges dug up in a New Mexico landfill last year has generated more than $100,000 in sales over the last several months.
(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.