There’s a major break in the EgyptAir crash as the investigation into what happened enters a second day. The Egyptian Army Spokesman Brig. General Mohammed Samir said on his verified Facebook page that his military’s search planes and vessels had discovered parts of the Airbus A320 along with some passengers belongings about 180 miles north of the city of Alexandria. Gap ( ) stores is shutting down 75 stores across its Old Navy and Banana Republic brands. The move is aimed at helping the company reverse sluggish sales and improve its balance sheet. Most of the store closings will be overseas. Verizon ( ) and others are expected to bid $2 to $3 billion dollars for Yahoo!’s ( ) core assets. The number is less than what the troubled internet pioneer was expected to fetch, according to Marketwatch. Data on existing home sales are due today from the National Association of Realtors. The Baker Hughes rig count is released and SEC Chairwoman Mary Jo White speaks to investment professionals.
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