NEW YORK — More turmoil in Greece caused fallout across the financial markets.
The Dow Jones industrial average fell for the fourth day in a row. Oil closed at its lowest level since November. The euro fell to a four-month low. And the price of gold hit the lowest level since December. New elections were called in Greece for June 17 after coalition talks to form a government fell apart. Also, fears mounted about a run on Greece’s banks.
The Dow closed down 33.45, or 0.3 percent, to 12,598.55. The S&P 500 Index declined 5.86, or 0.4 percent, to 1,324.80. The Nasdaq fell 19.72, or 0.7 percent, to 2,874.04.
Boeing South Carolina’s first 787 Dreamliner won’t fly until the weekend at the earliest, the company said Wednesday.
Spokeswoman Candy Eslinger said Tuesday she expected to know the date of the first flight by Wednesday. In an update, Eslinger said definitive word might not come until Friday.
Boeing Commercial Airplanes CEO Jim Albaugh said Tuesday “there’s a good possibility” that the flight could happen by the end of the week. Online chatter suggested the plane would take off Friday, but Eslinger dismissed it as speculation. “Obviously the plane’s not going to fly until it’s ready,” she said.
MINNEAPOLIS — Delta Air Lines said it may have charged some frequent fliers higher fares than other customers for almost three weeks because of a computer glitch. Delta said it is unsure how many travelers paid higher fares. The airline is the largest at Charleston International based on traffic.
SAN FRANCISCO — Google is introducing a new tool designed to make its search engine smarter. The new feature, “Knowledge Graph,” draws from a database of more than 500 million people, places and other commonly requested things to provide a summary of vital information in boxes next to the main search results.
WASHINGTON — The government’s vehicle for promoting U.S. export sales has survived a challenge with a Senate vote this week to renew the charter of the Export-Import Bank for three years. The vote sends the measure to the president.
The bank became caught between business groups that support it and conservative organizations that said the lender should be abolished. Boeing Co. is the Ex-Im Bank’s largest beneficiary. Air India, the buyer of the South Carolina-made Boeing 787, used Ex-Im financing.
WASHINGTON — Skechers USA Inc. will pay $40 million to settle charges by the Federal Trade Commission that the company made unfounded claims that its Shape-ups and other shoes would help people lose weight and strengthen muscles. Consumers who bought the shoes would be eligible for refunds.
The deal is related to another agreement announced Wednesday ending a Skechers investigation by attorneys general in more than 40 states. South Carolina is expected to receive about $104,500.
Two job fairs targeting members of the military are being held today.
The Department of Veterans Affairs’ “Welcome Home 2012” is set for 11 a.m.-3 p.m. at the Yorktown at Patriots Point in Mount Pleasant. The free job fair will feature more than 80 employers. Participants must present a veteran or military ID card or Discharge From Active Duty, or DD-214.
Also, from 11 a.m to 3 p.m., DialAmerica teleservice company is holding an open house for active-duty and retired military service members and spouses at 8085 Rivers Ave. in North Charleston The company said it is seeking to increase its military-affiliated employees by 20 percent by 2014.
Staff and wire reports