President-elect Donald Trump has selected hedge-fund manager Scott Bessent to serve as secretary of the Treasury Department.

Lockheed Martin was awarded an $869.9 million procurement contract in support of the F-35 program, the Defense Department said Friday.

Waton Financial has filed for an initial public offering with the Securities and Exchange Commission.

Moody's Ratings said it was upgrading Cyprus to A3 from Baa2, as the nation continues to lower its fiscal and debt metrics. Cyprus has significantly reduced its government debt ratio since its peak in ...

Quantum-Si will cut about 23% of its workforce, or about 43 jobs, in a restructuring plan designed to streamline its corporate resources.

Moody's Ratings raised its ratings on Saudi Arabia to Aa3 from A1 and changed its outlook on the country to stable from positive. The upgrade reflect Moody's belief that economic diversification in ...

Communications services shares traded lower on concerns about increases in antitrust investigations on the sector's largest companies.

Shares of power producers and utilities were slightly lower as investors took on riskier assets. European natural-gas prices continued to hover around their highest levels this year as growing ...

Consumer discretionary stocks rallied on signs of economic improvement and a gain in sentiment, particularly among Republicans, following the elections.

Health-care company stocks were little changed as the sector continues to underperform, with traders looking to add riskier assets.

The number of rigs drilling for oil in the U.S. rose by one to 479 this week while natural gas rigs fell by two to 99, oil services company Baker Hughes reported. Oil rigs were down by 26, and gas ...

Honeywell International has agreed to sell its personal-protective-equipment business to a private-equity firm's portfolio company for $1.33 billion in cash. The industrial conglomerate said it would ...