Closing Bell: Dish Urges FCC to Stop Verizon-XO Deal; U.S. Stocks Slip

Wall Street was down in the dumps for day two on Wednesday as investors fretted over a laundry list of worries. Concerns included an oil supply glut, increased chances of a disappointing April jobs numbers on Friday, and a weaker global economy. Tesla (TSLA) - Get Report slipped after two C-suite executives resigned. Both the vice president of production and VP of manufacturing will leave the company. Shares were already lower after investor Jim Chanos said in a CNBC interview that he was short the automaker. As many anticipated, Aeropostale (AROP) has filed for Chapter 11 bankruptcy protection. The embattled teen retailer also detailed plans to close 154 stores in the U.S. and Canada. Dish Network (DISH) - Get Report is urging the Federal Communications Commission to block Verizon's (VZ) - Get Report nearly $2 billion purchase of XO Communication's fiber-optic unit. TheStreet's Keris Lahiff has details from Wall Street.