Stocks slump in worst month since 2012
The August sell off left the S P 500 down 6 3 percent for the month, the worst showing since May 2012 as concerns over China’s slowdown and Federal Reserve timing spooked investors. Dow dipped 0 7 percent and Nasdaq fell 1 1 percent while oil rallied on lower production estimates.
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Hulu expands Epix library in October deal
Hulu will widen its catalog this October under a new Epix agreement. Netflix opted not to renew its U.S. Epix deal, while Epix distributes films from Lionsgate MGM and Paramount to over 50 million homes.
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Hulu to add Epix titles under multiyear deal
Hulu will stream Epix titles including The Hunger Games Mockingjay Part 1 and Anchorman 2 for multiple years while expanding library films and originals to attract more subscribers. The agreement is non exclusive and terms were not disclosed. Analysts note rising connected TV usage and potential price sensitivities among viewers.
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Jeep Cherokee recall over wiper defect hits millions
Fiat Chrysler recalls 206,668 Jeep Cherokee SUVs from 2014 model year due to wind shield wiper failure. Static buildup may disable the wiper module when used in dry conditions. No related injuries reported. Dealers will repair free. notices will be sent to customers.
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