Industrials

Industrials

China to impose sanctions on US arms suppliers to Taiwan

China's government said Monday it will impose sanctions on U.S. military contractors including Boeing Co.'s defense unit and Lockheed Martin Corp. for supplying weapons to rival Taiwan, stepping up a feud with Washington over security and Beijing's strategic ambitions.

Markets

Vista Outdoor wins Remington Ammunition

Vista Outdoor will acquire Remington Outdoor's ammunition assets and the manufacturing facility in Lonoke, Arkansas and related intellectual property, including the Remington brand and trademarks.