Wall Street

U.S. Stocks Down, Major Selloff on Wall Street

Jan. 27 -- U.S. stocks fell, paring earlier declines, as a slide in durable-goods orders and disappointing results from Caterpillar to Microsoft heightened concern over the economy’s strength. Treasuries climbed with gold. Bloomberg’s Scarlet Fu reports on “Bloomberg West.”

Oil Drops

It's bad for the exporters, great news for you



In December, drilling contractor Ensign Energy Services Inc. told California regulators that it planned to dismiss as many as 700 workers.