Business News

US stocks slump again as banks, health care companies slide

NEW YORK (AP) -- U.S. stocks are falling Thursday morning as the market continues a sell-off that began late the previous day. Big losses for insurer AIG are hurting financial stocks while Cardinal Health tumbles and takes the health care sector lower. Tesla is skidding after the electric car maker posted another big loss, and Wall Street reacted negatively to comments by CEO Elon Musk....