Stocks fall across board as energy prices climb

The Dow Jones industrial average fell 101.47 points, or 0.6 percent, to close at 16,613.97. The Standard & Poor’s 500 index fell 8.92 points, or 0.5 percent, to close at 1,888.53. The Nasdaq fell 29.54 points, or 0.7 percent, to 4,100.63.

Benchmark U.S. crude for June delivery added 67 cents to $102.37 a barrel on the New York Mercantile Exchange. Wholesale gasoline gained 4 cents to $2.97 a gallon. Natural gas added 1 cent to $4.37 per 1,000 cubic feet. Heating oil rose 2 cents to $2.96 a gallon.

Top news editor ousted at The New York Times

The New York Times on Wednesday announced that executive editor Jill Abramson is being replaced by managing editor Dean Baquet.

The company didn’t give a reason for the change. Abramson and Baquet had both been in their current positions since September 2011.

Baquet, 57, who would be the first African-American to hold the newspaper’s highest editorial position, received a Pulitzer Prize in 1988.

Wearable Google Glass again available to all

Google is once again selling its Internet-connected eyewear to anyone in the U.S. as the company fine-tunes a device that has sparked intrigue and disdain for its potential to change the way people interact with technology.

Google Inc. isn’t setting a time limit for people to buy Glass this time, although the company is emphasizing that the product remains in its test, or “Explorer,” phase.

The device costs $1,500.

– From news service reports

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