NEW YORK - Hampered by economic and geopolitical risks abroad, stocks erased early gains and ended sharply lower Thursday as the Dow Jones industrial average dropped more than 200 points - its fourth-straight day of losses.
With its upcoming price increase, Amazon (AMZN) Prime Instant Video will be more expensive than Netflix's (NFLX) market-leading service, taking pressure off Netflix to offer a lower-priced service.
BP has reached an agreement with the US Environmental Protection Agency that will allow the energy company to resume bidding for federal government contracts, ending a ban resulting from the 2010 Deepwater Horizon disaster.
Reuters: The U.S. government posted a smaller budget deficit than expected in February as receipts came in stronger than in the same period a year ago.
China's Premier, Li Keqiang, was speaking after the annual session of the national people's congress. Photograph: Feng Li/Getty Images.