NEW YORK (AP) — It’s another wild ride for the stock market. The Dow Jones industrial average had its biggest plunge of the year. The 335-point drop came a day after the Dow had its biggest gain of the year. The blue-chip index ended down 2 percent at 16,659. The S&P 500 index fell nearly 41 points, or 2.1 percent, to 1,928. The Nasdaq composite fell 90 points, or 2 percent, to 4,378.
NEW YORK (AP) — The price of oil is continuing to drop. Benchmark U.S. crude fell $1.54 to $85.77 a barrel today on the New York Mercantile Exchange, a third straight decline of more than 1.5 percent. Oil is now 20 percent below its 2014 peak of $107.26 a barrel, reached in late June. Brent crude, an international benchmark, fell $1.33 to $90.05 a barrel in London.
NEW YORK (AP) — Dairy Queen says its payment systems were breached by hackers who may have gained access to customer names, credit and debit card numbers and expiration dates. The ice cream and fast food chain says 395 of its stores around the country were affected by the breach between August and September. A number of retailers have been cyberattacked in the past year.
NEW YORK (AP) — Security software maker Symantec plans to split itself into two companies, with one focused on security and the other on information management. The company is planning a tax-free spinoff and wants to complete the split by the end of 2015. Symantec says separating its businesses will create greater growth opportunities and more value for its shareholders.
NEW YORK (AP) — Amazon is planning to open its first physical store. That’s according to a report in The Wall Street Journal that says the largest U.S. e-commerce retailer will open a store in Manhattan ahead of the holiday shopping season. It cites anonymous sources familiar with the matter. It is not clear if the store will be permanent or a holiday pop up.
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