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Moderate gains... CDC looking at Chipotle... Toshiba layoffs



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NEW YORK (AP) — U.S. stocks posted moderate gains, recovering a small portion of the big losses recorded late last week. Energy stocks continued to fall as the price of oil fell. The Dow Jones industrial average rose 122 points to close at 17,251. The Standard & Poor's 500 index rose 16 points to close at 2,021. The Nasdaq composite gained 46 points to close at 4,962.

NEW YORK (AP) — The Centers for Disease Control and Prevention says it's investigating a more recent batch of E. coli cases linked to Chipotle. CDC says it does not know yet if they are linked to a larger outbreak. So far, the agency says five people have been reported sick in the new outbreak. For the larger outbreak, 53 people had been reported sick in nine states, with 46 of them saying they'd eaten at a Chipotle.

TOKYO (AP) — Toshiba plans to cut 7,800 jobs, mostly in its consumer-electronics business, as it reorganizes in the face of projected record losses for the current fiscal year. The Japanese conglomerate has been struggling with the aftermath of a major accounting scandal, compounded by troubles in nuclear energy and losses in the business that makes personal computers, TVs and consumer appliances.

LOS ALAMOS, N.M. (AP) — The $2 billion contract to manage one of the federal government's premier nuclear weapons laboratories will be up for grabs after 2017. The National Nuclear Security Administration has decided not to grant an extension of Los Alamos National Security's contract to run the Los Alamos National Laboratory. The current contract expires in September 2017.

OLYMPIA, Wash. (AP) — State regulators have ruled that a Seattle tour company involved in a deadly crash in September can resume operating a limited fleet of amphibious vehicles, under certain conditions. The three-member Washington Utilities and Transportation Commission approved a joint stipulation that allows the company to resume operations of its "Truck Duck" vehicles.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

The Associated Press

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