Estimated read time: 2-3 minutes
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
NEW YORK (AP) — Stocks are opening slightly higher on Wall Street today following modest gains in Europe and Asia. At 10:37 a.m. Eastern Time, the Dow was up 89 points, to 18,666. The S&P 500 was up 9 points, to 2,193. And the Nasdaq composite was up 31 points, to 5,263. Energy companies led the gainers. Oil rose 61 cents to $45.10 a barrel in New York. The yield on the 10-year Treasury rose to 1.54 percent.
NEW YORK (AP) — Hyatt, Sheraton, Marriott and Westin hotels in 10 states and the District of Columbia may have been targeted by hackers for months. The hotel operator HEI Hotels & Resorts says that malware put into place in at least 20 locations may have collected names, card account numbers, card expiration dates and verification codes. Data from customers may have been collected from early December, through late June, and at some HEI properties, as early as March 2015.
BERLIN (AP) — Pharmaceutical supplier Lonza of Switzerland says it's buying InterHealth Nutraceuticals, Inc., a California-based company that makes ingredients for use in dietary supplements, in a deal worth up to $300 million. Lonza says the deal is expected to close in September and will have an immediate positive impact on its earnings. Lonza says InterHealth has a range of more than 15 branded ingredients and the acquisition will complement its own sports nutrition, weight-loss and pet health offerings among others.
NEW YORK (AP) — Mid-America Apartment Communities Inc. is buying rival real estate investment trust Post Properties in a deal worth about $3.9 billion. The deal brings together two companies that own or operate rental communities in several southern cities, including Atlanta, Dallas and Charlotte, North Carolina. The combined company will have nearly 320 properties with about 105,000 units.
PALO ALTO, Calif. (AP) — Tesla says the term "Autopilot" was mistakenly removed from the electric car maker's website for China and it will be restored. The company says it did revise some language on the site to make it clearer to drivers that Autopilot is a driver-assist system and not a self-driving system. Last week, a driver in Beijing relying on Autopilot mode sideswiped a car parked on the side of the road. Tesla says the driver's hands weren't detected on the steering wheel during the crash.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
