- GOP hopes taking shutdown off the table with budget deal will pay dividends
- Chinese Death Star: The moon cited as the perfect launch pad for ballistic missiles
- Help wanted: Homeland Security plagued by vacancies at the top
- We are not amused: Queen’s protection officers warned to keep ‘sticky fingers’ off the royal cashews
- Unleash the crossbows: Gov. Scott Walker creates new hunting season
- Bubonic plague kills 20 in Madagascar
- G-20 diplomats fell for hacker attack promising nude photos of former French first lady Carla Bruni
- Minnesota guardsman charged with stealing private soldier data for fake IDs
- Florida appeals court rules universities can’t regulate guns
- Vladimir Putin defends Russian conservative values
Dow falls 128, with Chevron and Alcoa leading way
For the week, the Dow and S&P 500 have each lost 1.9 percent, and the Nasdaq has lost 2.7 percent.
Among other companies making big moves Wednesday:
• Yum Brands jumped 8 percent, the top stock in the S&P 500 index. The parent of Taco Bell, Pizza Hut and other fast-food chains said results from China stores should remain strong, even as the Chinese economy slows. Yum gained $5.28 to $70.99.
• FedEx gained 5 percent, or $4.41 to $89.99. The world’s second-biggest package delivery company unveiled a restructuring plan Monday aimed at raising profits by $1.7 billion within three years. FedEx promised to shed jobs and underused aircraft.
• Costco posted stronger sales and earnings than forecast as more people signed up to buy the company’s diapers and groceries in bulk. Costco’s stock gained $1.92 to $101.56.
• Toyota Motor Corp. dropped $1.56 to $74.50 after the carmaker recalled a total of 7.4 million vehicles worldwide for a for a faulty power-window switch, the latest in a series of recalls for Toyota. The recall announced Wednesday affects more than a dozen models produced from 2005 through 2010.
By Mangosuthu Buthelezi
- Obama's Afghanistan experts stumped on U.S. death toll, war costs during hearing
- NAPOLITANO: A conspiracy so vast
- House pushes through two-year Ryan-Murray budget deal
- Comma on!: Twitter erupts over Obama-Castro 'marriage'
- Biden guarantees victory on immigration reform
- Obama takes 'selfie' at Mandela's funeral service
- U.S. pilot scares off Iranians with 'Top Gun'-worthy stunt: 'You really ought to go home'
- CARSON: Why did the founders give us the Second Amendment?
- VEGAS RULES: Harry Reid pushed feds to change ruling for casino's big-money foreigners
- All-out war breaks out in GOP over budget pact
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