The U.S. Army has awarded Lockheed Martin a contract valued at over $502 million to provide post-production support for systems on the AH-64 attack helicopter. The work is scheduled to continue through July 2031.
Mexico's primary stock index, the S&P/BMV IPC, ended Wednesday's session with a minor loss of 0.10%, driven by downturns in the Industrials, Consumer Goods & Services, and Consumer Staples sectors.
Chicago Board of Trade corn futures closed lower on Wednesday, pulling back from a one-month peak due to profit-taking by traders and revised weather forecasts indicating less heat stress on U.S. crops.
Morgan Stanley has designated UnitedHealth Group as its leading stock selection in the managed care industry ahead of second-quarter earnings, citing favorable utilization trends and significant potential from artificial intelligence initiatives.
The National Highway Traffic Safety Administration has warned autonomous vehicle developers that they must urgently address a "clear pattern" of their cars interfering with first responders. The agency called the issue a "functional insufficiency" and a danger to the public.
Shares of Bloom Energy Corp. declined after short-seller Hunterbrook Capital released a report accusing the clean-energy company of misrepresenting its supply chain's independence from China.
The U.S. dollar erased earlier gains on Wednesday after minutes from the Federal Reserve's June meeting revealed a split among officials regarding the path of interest rates. The report indicated some members saw a case for a rate hike, even as the committee ultimately voted to hold rates steady.
Bank of America has reported that speculative bets against the Japanese yen have reached stretched levels, increasing the risk of a market sell-off. The analysis points to several potential catalysts that could trigger a sudden reversal of these positions.
The U.S. Securities and Exchange Commission has indicated it will not take enforcement action against UBS if the bank is required to convert debt to equity without U.S. registration as part of a crisis plan. The move addresses a significant cross-border legal uncertainty for the Swiss banking giant.
