NEW YORK (AP) - The stock market sank Wednesday, with the Dow Jones industrial average falling 250 points, on disappointing economic news and a slide in airlines stocks over Ebola fears.
Investors in the initial public offering of Pershing Square Holdings Ltd. (PSH), one of the funds managed by activist investor Bill Ackman, saw the value of two of his holdings plunge within hours of the sale closing.
Dwindling demand cut factory activity across much of Asia and Europe in September, sending it to multi-month lows and raising the chances that global growth will slow in the months ahead.
Bank of America Corp. (BAC) elected Chief Executive Officer Brian T. Moynihan chairman of the board after he helped lead the company through legal disputes tied to the financial crisis.
TOKYO Oct 2 (Reuters) - U.S. crude futures edged up on Thursday towards $91 a barrel and paring losses from a day earlier due to support from a U.S.