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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
Dow: 9,777.94 +56.15
NASDAQ: 1,925.14 +12.78
S&P: 1,044.68 +5.36
AMEX: 1,020.28 +1.91
Wall Street Watch: Complete coverage
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/COMTOPLEVELMARK_Front.asp
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Business
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Budget gap balloons to record high
The war in Iraq, a new round of tax cuts and economic weakness pushed the federal
budget deficit to $374.2 billion, the Bush administration reported Monday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/982722.asp
Stocks edge up
Stocks rose modestly Monday as a disappointing economic forecast overshadowed strong
profits from 3M and Citigroup.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/158521.asp
Fed official: Jobs permanently gone
Richmond Federal Reserve President Alfred Broaddus said Monday many of the U.S. jobs
cut in recent years are gone permanently because of economic changes.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/982733.asp
Weight loss surgery gains popularity
As obesity reaches epidemic proportions in the United States, Milwaukee-area hospitals
report a dramatic increase in patients undergoing what doctors call the "weight-loss
program of last resort" -- bariatric surgery.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/982594.asp
FT: NYSE rivals boost reform calls
Competitors to the New York Stock Exchange have stepped up calls for reform of rules
governing trading of U.S. stocks as they seek to exploit the turmoil at the bourse.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/982636.asp
Leading economic indicators slip
A closely watched indicator of future economic activity dipped in September, pointing
to a recovery that continues but not always smoothly.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/982609.asp
Quattrone trial suspended for 2 days
The obstruction trial of former star investment banker Frank Quattrone was suspended
Monday until Wednesday because a juror's wife was close to delivering a baby.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/981107.asp
Dollar jumps on Snow comments
The dollar rose broadly Monday after U.S. Treasury Secretary John Snow said Washington
would welcome higher interest rates and was not seeking to weaken the U.S. currency.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/982635.asp
Biodefense bucks flow to Bay Area
Bay Area biotechnology companies and research institutions are seeing a surge in
biodefense grants as the federal government seeks new ways to counter the use of
deadly agents as terror weapons.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/982596.asp
Report: Sony mulls huge job cuts
Japanese electronics and entertainment giant Sony Corp. plans to cut up to 20,000
jobs, or more than 12 percent of its work force, by March 2006 in a major
restructuring, a Japanese newspaper reported Monday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/982562.asp
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