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NEW YORK (AP) — U.S. stocks are closing with moderate losses, as a spike in crude oil prices helped offset steeper declines. The Dow fell 115 points to 16,528. The S&P 500 lost 17 points to 1,972. The Nasdaq fell 52 points to 4,777. It was the worst month on Wall Street in three years, thanks to fears about a slowdown in China's economy.
NEW YORK (AP) — Oil prices surged as the government cut its estimate for U.S. oil production. U.S. crude rose $3.98 to close at $49.20 in New York. Oil is up 29 percent since it fell to a 6-year low a week ago, with the vast majority of those gains coming in the last three days. Brent crude, a benchmark for international oils used by many U.S. refineries, rose $4.10 to close at $54.14 in London.
NEW YORK (AP) — Wal-Mart says it's asking some stores to schedule workers for fewer hours, although it says the directive is only being given to stores that are assigning more hours than they were expected to. The world's largest retailer says it spoke to store managers about controlling costs earlier this month at a holiday-season planning meeting. Managers who have been scheduling workers for too many hours were reminded to schedule closer to their allotted hours. A spokeswoman with United Food & Commercial Workers International Union says Wal-Mart is moving to "pad its bottom line" at the expense of its employees.
NEW YORK (AP) — Samsung is juicing up its smartwatch with a circular face and more battery life than the Apple Watch, but it's no clear how many apps will be available for it. The limited selection of apps is one of the main challenges facing Samsung's smartwatches, which have been around for longer than the Apple Watch but haven't generated as much interest or sales. Samsung is promising a variety of apps designed for the new watch's circular face, but has yet to provide details.
SENECA FALLS, N.Y. (AP) — If today's town hall meeting with U.S. Treasurer Rosie Rios is any indication, Harriet Tubman and Susan B. Anthony are the women people want to see most on the $10 bill. Rios took suggestions for the currency redesign during an hourlong session at the Women's Rights National Historical Park in upstate New York. Rios says several hundred names have been suggested since the treasury department announced Alexander Hamilton would be replaced on the bill with a woman. Officials plan to make a decision by this fall.
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