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September 09, 2011 05:15 PM

Friday Evening Business Brief

Stocks were hurt by renewed worries about Europe's economy. The Dow fell 304 points, or 2.7 percent, to 10,992. The S&P was down nearly 32 points, while the Nasdaq dropped 61 points.

  • House Republican leaders are pledging to work with President Barack Obama on legislation to help create jobs. In a letter to Obama, Speaker John Boehner and other leaders say their ideas differ from the president's, but say he's entitled to a fair hearing.
  • Stanford Hospital in California is blaming a subcontractor used by an outside vendor for a massive
    privacy breach. It led to online posting of medical information for thousands of emergency room patients. Benchmark crude fell $1.81, or 2 percent. It settled at $87.24 per barrel in New York.
  • The Federal Aviation Administration proposes a $590,000 penalty against Alaska Airlines. U.S. regulators say it operated a Boeing 737 on 2,107 flights with a defect that caused a cockpit fire.

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