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Today's Business Headlines from MSNBC.com
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Business
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FTC chief presses media on diet ads
The FTC is pressing cable channels and print media to reject false and misleading diet
and health advertising amid a sharp rise in consumer complaints. Chairman Timothy
Muris made veiled threats of legal action if the practice doesn't stop.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ.asp?/news/837608.asp
White House weighs SUV rules
The White House is considering tougher fuel-economy rules for light trucks and SUVs.
Resistance to the 1.5-mile-a-gallon increase by the 2007 model year is likely to be
hot, and the plan may be altered.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ.asp?/news/837603.asp
Terrorism insurance bill passed
Fourteen months after the attacks on New York and Washington, Congress voted Tuesday
to shield the insurance industry from catastrophic costs of future terror onslaughts.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ.asp?/news/837607.asp
Interpublic's profits fall short
Interpublic Group of Cos. fell far short of its earnings target in the latest quarter
as a racetrack it owns suffered from low attendance and the costs associated with an
internal investigation into its accounting procedures weighed on the bottom-line, th
http://www.msnbc.com/modules/exports/ct_infobeatBIZ.asp?/news/837602.asp
Conseco reports $1.8 billion loss
The insurance and finance company plans to seek Chapter 11 bankruptcy protection if it
can strike a restructuring pact with creditors owed billions of dollars, executives
said Tuesday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ.asp?/news/837441.asp
Nordstrom quarterly earnings rise
Nordstrom reported higher quarterly earnings on Tuesday in line with its lowered
forecast as increased sales at its upscale department stores helped make up for
disappointing profit margins.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ.asp?/news/837342.asp
Sony acquires ring-tone firm
Sony Music Entertainment plans to announce Wednesday that it is acquiring a wireless
entertainment company and launching a mobile products group within the music label's
digital services division. -- By Jane Weaver, MSNBC
http://www.msnbc.com/modules/exports/ct_infobeatBIZ.asp?/news/837136.asp
Sony puts Grandpa into orbit
Although challenged from time to time, it remains an article of faith among many
advertisers that younger consumers are more important than older ones.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ.asp?/news/837214.asp
SEC investigating Vivendi
Vivendi Universal said it has been informed that it is now the focus of a formal
investigation by the U.S. Securities and Exchange Commission.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ.asp?/news/837442.asp
What if you had to fix the mess?
Imagine that it's January, 2003. The economy has weakened. It's your job to craft the
best fiscal policy to get things revved up again without breaking the budget. You
don't need to take politics into account. What to do?
http://www.msnbc.com/modules/exports/ct_infobeatBIZ.asp?/famulusgen/businessweek11-19-040006a.asp?t=BWCOM
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throughout the business day. See what's news at this hour.
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