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Volkswagen AG CEO Martin Winterkorn, who during nearly a decade at the helm catapulted VW to the top spot in global sales, stepped down after admitting the automaker cheated on U.S. emissions tests.

Govs. Chris Christie of New Jersey and Andrew Cuomo of New York want the federal government to pay half of a $20 billion commuter rail tunnel under the Hudson River.

New-home construction in the United States fell in August, indicating the real estate recovery will take time to evolve.

Manufacturing in the New York region contracted in September for a second straight month, reflecting declining orders and employment.

OPEC trimmed estimates for supplies from outside the group in 2016 as the slump in prices takes its toll on the U.S. shale-oil industry.

Oil jumped the most in more than six years, caught up in a relief rally that swept the globe as the U.S. economy grew more than predicted.

Oshkosh Corp. won an initial contract Aug. 25 from the U.S. Army for its new Joint Light Tactical Vehicle, a $30 billion program.

Orders for capital goods increased in July by the most in more than a year, showing corporate spending was finding its footing prior to the turmoil in financial markets.

John Correnti, a longtime member of the Navistar board of directors and the CEO of Big River Steel, died Aug. 18. He was 68.

The number of Americans filing for unemployment benefits last week remained historically low.