Army Gives Out $500,000 Armored Trucks for Free

Feb. 26 (Bloomberg) -- The U.S. Army is giving away 13,000 armored trucks, worth about $500,000 each. The 20-ton MRAPs, or Mine-Resistant Ambush-Protected trucks, were built specifically to save U.S. soldiers from roadside bombs in the Iraq and Afghanistan wars. Now the trucks are patrolling U.S. city streets. U.S. law enforcement agencies have received the lion’s share of this high-powered military surplus. (Source: Bloomberg)
Nomura's Kinoshita Says Recovery Underway in Japan
17:30 - Tomo Kinoshita, chief economist at Nomura Holdings Inc., talks about what the unexpected improvement in manufacturing means for Japan. He speaks from Tokyo with Rishaad Salamat on Bloomberg Television's "Trending Business." (Source: Bloomberg)
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