Markets fall as banks and tech lead slide
U S stocks slump their biggest loss in weeks with financials led by Goldman Sachs Citigroup and JPMorgan Chase dropping. Tech names including eBay and Apple retreat while Wynn Resorts jumps on new development plans. The dollar softens and crude lowers as bonds rise on lower yields.
MENTIONED IN THIS ARTICLE
New York
U.S
Goldman Sachs
Citigroup
Scott Wren
Wells Fargo
Investment Institute
Standard & Poor
Jpmorgan Chase
Wren
eBay
Apple
Verizon
Wynn Resorts
Hotel and Casino
Wynn
Wynn Las Vegas
Treasury
Napleton Sues Volkswagen Over Diesel Emissions Scandal
Chicago dealer Ed Napleton files a suit against Volkswagen seeking a nationwide class action over the diesel emissions controversy. The case notes a poor VW sales outlook after it admitted using defeat devices affecting 600,000 U.S. cars.
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Chicago
Illinois
Urbana
IRS allows cash tax payments at 7-Eleven stores
The IRS says taxpayers can pay cash at more than 7,000 7-Eleven locations nationwide. Users must complete an online process, receive a payment code, and pay up to $1,000 daily with a $3.99 processing fee. Payments post to accounts within two business days. Start early before the April 18 deadline to avoid penalties.
MENTIONED IN THIS ARTICLE
Portland
Ore
Internal Revenue Service
Federal Deposit Insurance Corporation
U.S
IRS
John Koskinen
Irs.gov
Ex-coal chief gets one year in prison
Former Massey Energy chief Don Blankenship receives a one year sentence and a 250000 dollar fine after a misdemeanor conspiracy conviction over safety violations at the Upper Big Branch mine. Families disrupted by the 2010 explosion voiced anger as the judge limited comment.
MENTIONED IN THIS ARTICLE
Charleston
W.va
Coal Company
Don Blankenship
Big Branch
U.S
Tommy Davis
Don
Tom
Davis
Robert Atkins
Massey Energy
Blankenship
Upper Big Branch
Irene Berger
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