Chinese Premier Li Keqiang said there was no basis for a continued depreciation of the yuan after the central bank allowed the currency to devalue 2.8 percent this month.
Oshkosh Corporation was just awarded a contract to produce the Joint Light Tactical Vehicle for the Army, inciting action from defense giants Lockheed Martin and AM General.
The rebound Wednesday and Thursday was just as sharp as investors chose to scoop up beaten-up stocks. However, worries about the Chinese economy, dropping oil prices, weak corporate earnings and uncertain interest rates remain, indicating about ...
Billionaire investor Warren Buffett's company has amassed a stake worth nearly $4.5 billion in Phillips 66 PSX 2.95 % more than a year after trading a chunk of its holding in the oil refiner for a chemical business investment.
Other companies like Amazon and Google had been developing drones of their own as they sought new ways of delivering items to consumers.