Jim Chesko reporting for WWL First Business News...
A second-straight selloff on Wall Street – with the blame going to new worries about slowing economic growth.
The Dow Industrials tumbled 494 points, while the tech-heavy Nasdaq slid 123.
Oil futures lost ground yet again in the wake of the stock-market selloff and data showing a third-straight weekly rise in U.S. crude inventories. November crude slid 1.8%, to settle at $52.64 a barrel.
More than two dozen major companies ranging from Alcoa to Campbell Soup to Mercedes-Benz are suing the nation’s four biggest railway companies, contending the railroads had a price-fixing scheme starting in 2003 to illegally boost profits.
It’s officially open today at the corner of Canal and Magazine Streets in New Orleans: the Sazerac House. It’s a three-story, 48,000-square-foot museum that tells the story of the history of the cocktail. You can take a tour, chat with virtual bartenders about their signature drink recipes … and sample some of those cocktails!