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.