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Stock market doldrums continue ...Oil prices drop again... Toronto cabbies protest Uber



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NEW YORK (AP) — A slump in technology shares today helped turn early gains in stock indexes into losses across industries, extending the market's losing streak to a third day. The Dow lost over 75 points, or 0.4 percent, to 17,492. The S&P 500 gave up 16 points, or 0.8 percent, to 2,047. The Nasdaq dropped 75 points, or 1.5 percent, to 5,022.

NEW YORK (AP) — Oil prices are continuing to slide. Benchmark U.S. crude slipped 35 cents today to close at $37.16 a barrel in New York. Brent crude, the international standard, fell 15 cents to close at $40.11 a barrel in London.

WASHINGTON (AP) — House and Senate negotiators are in agreement on bipartisan legislation to make permanent a moratorium that prevents states from taxing access to the Internet. The moratorium was first enacted in 1998. According to the non-partisan Congressional Budget Office, jurisdictions in seven states now tax access to the Internet.

TORONTO (AP) — Cab drivers in Toronto are protesting against Uber. Hundreds of drivers clogged a number of major roads in downtown for several hours today. The cabbies are calling on the city to enforce bylaws against the private ride-hailing service. Uber is raising the ire of Toronto's taxi industry, which says its business has dropped because of the unlicensed and lower-priced competitor.

BOSTON (AP) — Public health officials in Boston say lab testing has confirmed the presence of norovirus at a Chipotle restaurant near the Boston College campus that sickened more than 120 students. A spokesman for Denver-based Chipotle Mexican Grill Inc. says the Boston illnesses are likely isolated and not related to the E. coli cases that have turned up in nine states..

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The Associated Press

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