NEW YORK (AP) — Stocks that moved substantially or traded heavily on Wednesday:
Hess Corp., up $6.91 to $55.96
The price of oil jumped as OPEC countries moved closer to a deal to cut production.
Goldman Sachs Group Inc., up $7.54 to $219.29
Banks climbed as members of President-elect Donald Trump’s economic team talked about ways to make lending easier.
Duke Energy Corp., down $2.60 to $73.77
Bond yields rose and companies that pay large dividends similar to bonds, including REITs, traded lower.
Autodesk Inc., down $2.60 to $72.66
The design software company gave a weak revenue outlook for the current quarter.
Splunk Inc., up 24 cents to $57.62
The software company reported better third-quarter results than analysts had expected.
American Eagle Outfitters Inc., down $2.35 to $16.56
The teen clothing retailer forecast a disappointing profit in the current quarter, which includes the holiday shopping season.
Guidewire Software Inc., down $1.84 to $55.71
The provider of software to the insurance industry forecast weaker-than-expected profit and sales.
GoPro Inc., up 15 cents to $9.98
The company said holiday sales of its newest action video camera are strong, and said it will cut 200 jobs to reduce spending.
UNITED NATIONS (AP) — Parties to the Syrian conflict have systematically disregarded the laws of war, showing time and again that they are willing to do anything to gain military advantage, the U.N. humanitarian chief said Wednesday.
Speaking via video-link from London, Stephen O’Brien told an emergency meeting of the Security Council that was nowhere more apparent than in the besieged city of eastern Aleppo with nearly a quarter of million people trapped inside.
“There are no limits or red lines left to cross. The rules of war — sacrosanct notions borne out of generations of costly and painful lessons and set more than 150 year ago in the First Geneva Convention — have been systematically disregarded in Syria,” O’Brien said.
O’Brien said some 25,000 people, most of them women and children, have been displaced from their homes since Saturday and that it is likely thousands more will flee in the coming days as Syrian forces step up their attack.
He said there was no longer any properly functioning hospital in eastern Aleppo, which has been under siege for nearly 150 days and that most of the people trapped inside don’t have the means to survive much longer.
He called on the Syrian government to allow the U.N. and its humanitarian partners unrestricted access to deliver food and medical aid.
Staffan de Mistura told the council that over the last two weeks, government forces have recaptured almost 40 percent of the area in Aleppo previously held by opposition groups forcing thousands to flee.
He said that his office has received credible reports of opposition groups preventing civilians from fleeing areas under their control. Also, he expressed concern that many fleeing the city, who are perceived to have links to the opposition, were being detained by government forces.
SAN FRANCISCO (AP) — Netflix subscribers can now binge on many of their favorite shows and movies even when they don’t have an internet connection.
The long-awaited offline option announced Wednesday gives Netflix’s 87 million subscribers offline access to videos for the first time in the streaming service’s decade-long history.
Netflix is matching a downloading feature that one of its biggest rivals, Amazon.com, has been offering to its video subscribers for the past year. It’s something that also has been available on YouTube’s popular video site, though a subscription is required in the U.S. and other countries where the site sells its “Red” premium service.
The new feature puts Netflix a step ahead of two other major rivals. Offline options aren’t available on HBO’s internet-only package, HBO Now, or Hulu, although that service has publicly said it hopes to introduce a downloading feature.
Netflix subscribers wishing to download a video on their smartphone or tablet need to update the app on their Apple or Android device.
Not all of the selections in Netflix’s video library can be downloaded, although several of the service’s most popular shows, including “Orange Is The New Black,” ”House of Cards,” and “Stranger Things,” are now available to watch offline.
Downloadable movies include “Spotlight,” this year’s Oscar winner for best film. Notably missing from the downloadable menu are movies and TV shows made by Walt Disney Co. Those still require an internet connection to watch on Netflix.
The Los Gatos, California, company is promising to continue to adding more titles to its offline roster.
Netflix CEO Reed Hastings had long resisted calls for an offline-viewing option, much to the frustration of customers who wanted flexibility to use their subscriptions to watch a show or movie when traveling on a train, plane or car where internet connections are spotty or completely unavailable.
Earlier this year, Hastings finally indicated he might relent and introduce downloading.
The change of heart coincided with Netflix’s expansion into more than 130 countries, including many areas with shoddy or expensive internet connections that make the ability to watch video offline even more appealing.
Netflix ended September with 39 million subscribers outside of the U.S.
The offline option may accelerate the decline of Netflix’s steadily shrinking DVD-by-mail service, which offers the ability to watch video without an internet connection. Netflix’s DVD side still has one distinct advantage — access to recent theatrical releases before they are available for streaming.
Netflix’s DVD service ended September with 4.3 million subscribers, a decrease of nearly 10 million customers during the past five years.
MIAMI (AP) — The Miami Dolphins revoked the season tickets of a group involved in a fight in Hard Rock Stadium’s upper deck during a game against the San Francisco 49ers.
The team also announced in a statement issued late Tuesday that the unidentified fans are also banned from the stadium. Miami television station WFOR (http://cbsloc.al/2g55K8v ) reports another fan filmed the brawl in section 334 during Sunday’s game. The video shows men in Dolphins attire punching people wearing 49ers clothing.
The Dolphins said they immediately investigated and identified the season ticket holders who were involved. The team said “this type of behavior and conduct is not acceptable.”
San Francisco quarterback Colin Kaepernick drew loud boos from Dolphins fans Sunday for his political views, including recent comments in favor of former Cuban leader Fidel Castro.
Information from: WFOR-TV, http://www.wfor.com/
MADRID (AP) — Spain’s Interior Ministry says police have arrested a Moroccan man they believe was studying intensely on the internet to carry out attacks against civilians for the Islamic State armed group.
A ministry statement Wednesday said the man spent many hours viewing and spreading IS-related video material and displayed a fanaticism that fitted the profile of a dangerous “lone actor” recruited to carry out attacks.
He was arrested in the town of Aranjuez, just south of Madrid, where he lived.
The ministry said much of the material he received and sent concerned late al-Qaida leader Osama Bin Laden and four extremists who blew themselves up in Spain in 2004 following the Madrid train attacks.
Spanish police have arrested 169 individuals suspected of forming part of Islamic extremist groups since 2015.
BOSTON (AP) — Sean “The Cannon” Gannon’s claim to fame was a bloody, bare-knuckle fight he had with another mixed martial arts fighter. His day job as a Boston police officer hasn’t been quite as action-packed.
For the past decade, Gannon has been restricted to desk duty because police officials say his cognitive abilities have been affected by concussions he received during his fighting career. The city says public safety could be jeopardized if Gannon is allowed to work as an armed street cop.
Gannon, however, insists he can fully perform all the tasks of his job as a police officer and has been cleared for duty by numerous doctors. Next week, the Massachusetts’ top court will be asked to decide whether his lawsuit against the city can proceed to trial. Oral arguments are scheduled for Dec. 8.
Gannon began his career as a Boston police officer in 1996. In his spare time, he practiced martial arts — including judo, aikido and jiujitsu — and in 2002 he began to compete as an amateur mixed martial arts fighter.
Gannon gained notoriety on social media in 2004 when he beat well-known fighter Kevin “Kimbo Slice” Ferguson in an unsanctioned fight. A 10-minute video of the brawl was widely distributed online.
Gannon’s lawyers say he received two concussions during his career, both in 2004, and stopped fighting in 2005.
In 2006, Gannon was placed on desk duty after he didn’t report to work one day and the police department learned that he had a concussive syndrome from his fighting, as well as a diagnosis of sleep apnea.
Gannon sued the city in 2012.
A Superior Court judge found that the city had articulated a legitimate “nondiscriminatory reason” for assigning Gannon to desk duty, specifically its concern that his loss of cognitive function and memory impairs his ability to perform essential tasks of his job, including responding in an emergency and using the needed judgment in high-pressure situations.
Gannon is appealing the judge’s ruling dismissing his disability discrimination claims and is asking the Supreme Judicial Court to allow a jury to decide his case.
The city’s lawyers say neuropsychological tests showed Gannon, now 46, had slow responses and memory issues, and was prone to errors. They argue that he cannot perform the job of an armed police officer.
“It is beyond dispute that a police officer must be able to respond properly on a split second basis to real or perceived threats,” attorney Nicole Taub argued in a legal brief.
But Gannon’s lawyers say their own experts used real world “police scenario” testing and found that he could fully perform the duties of his job.
“Here, the City has never tested Gannon in any shoot/don’t shoot scenarios or simulated exercises that would gauge his ability to think quickly, react under pressure, and adapt to changing conditions. By contrast, whenever Gannon has undergone such testing on his own initiative, he has performed well,” his lawyers argued in their brief.
Gannon declined to comment. Attorney Adelaide Pagano told The Associated Press that Gannon has shown “he is more than capable of performing the essential functions of the job of a police officer safely.” She called the department’s decision to keep him on desk duty “obstinate” and “disgraceful.”
In a recent interview with MixedMartialArts.com, Gannon said he believes the department has retained a battery of medical experts to try to show he can’t do his job, but he has numerous experts who say he can.
“If one doctor says you’ll never run again, and another doctor says you will, and then you run in five touchdowns in the pre-season, and another three in real games, it’s safe to say the doctor that said you would never run again is wrong,” he said.