NEW YORK (AP) — Stocks are mixed in afternoon trading on Wall Street after several days of wild swings. Semiconductor stocks are dragging down the Nasdaq composite index after Microchip Technology cut its sales outlook for the quarter and warned investors to expect bad news from similar companies. Diagnostic test maker Exact Sciences surged after the company said its new colon cancer test will be covered by Medicare.
NEW YORK (AP) — The Nielsen company says it has discovered errors in its measurement of television viewing that incorrectly showed people were watching one network when in fact they were tuned in to another. The company says it’s investigating a software error that has been producing faulty data since March, but only became apparent in the past few weeks. Nielsen’s measurements affect billions of dollars in advertising spending.
WASHINGTON (AP) — The nation’s largest flight attendants union says it wants airline passengers to return to stowing cellphones and other electronics during takeoffs and landings. The union says the devices can become dangerous projectiles and by letting passengers keep them out, the Federal Aviation Administration changed an agency regulation without steps required by law. A three-judge panel of the U.S. Court of Appeals heard the case in Washington today.
DETROIT (AP) — U.S. safety regulators are investigating reports that some Michelin heavy truck tires can fail and cause crashes. The National Highway Traffic Safety Administration says it has six complaints and a police report about seven crashes involving the 2014 model of Michelin XZA tires. Documents say the tires could fail catastrophically when used on the front steering axle. Five reports came from the same fleet. All reports involved auto-hauling tractor-trailers.
SAN FRANCISCO (AP) — Google is being swamped with requests from Europeans trying to erase unflattering links to their past from the world’s dominant Internet search engine. Google says it’s received nearly 145,000 requests from people in Europe looking to polish their online reputations, an average of more than 1,000 requests a day since late May. That’s when Europe’s highest court ruled that some embarrassing information about people’s lives can be scrubbed from search results.
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