Receive Breaking News updates as they occur
Wall Street dropped on Thursday, weighed down by Apple as well as selling in Wells Fargo, Citigroup and other major banks as investors worried about the health of Deutsche Bank. The S&P 500 financial index dropped 1.11 percent after Bloomberg reported that some hedge funds have withdrawn excess cash and positions held at the German lender. Wells Fargo & Co lost 1.67 percent after U.S. lawmakers rebuked CEO John Stumpf over his handling of sales abuses.
Europe was poised Thursday to crashland its Rosetta spacecraft on a comet it has stalked for over two years, joining robot lander Philae on the cosmic wanderer's icy surface in a final suicide mission. A 12-year odyssey to probe the origins of our Solar System will conclude with a last-gasp spurt of science-gathering after Rosetta is instructed at 2050 GMT to quit the orbit of Comet 67P/Churyumov-Gerasimenko. The space explorer will descend over a leisurely 14 hours, from an altitude of 19 kilometres (12-miles), sniffing the comet's gassy coma, or halo, measuring its temperature and gravity, and taking pictures from closer than ever before.