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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
Dow: 9,748.31 +140.15
NASDAQ: 1,932.26 +49.35
S&P: 1,046.79 +15.66
AMEX: 1,066.95 +45.77
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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Fed leaves interest rates unchanged
The Federal Reserve Tuesday left short-term interest rates unchanged at their lowest
levels in 45 years, as expected, as slow job growth offset mounting evidence the
economy is gaining momentum.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/986048.asp
Stock markets post gains
A solid rise in consumer confidence extended Wall Street's gains into a second session
Tuesday as investors got another indication that the economy is in the midst of a
strong rebound.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/158521.asp
Jurors shown video of birthday bash
Jurors hearing the criminal case against former Tyco CEO Dennis Kozlowski Tuesday saw
an edited video presentation of a lavish birthday party thrown for his wife, Karen
Kozlowsk. CNBC's Bertha Coombs reports.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/986161.asp
NBC: Storm over Russian billionaire's arrest
The weekend arrest of one of Russia's oligarchs sent shock waves through the business
community, but analysts say the detention has more to do with politics than economics.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/986091.asp
Consumers more confident in Oct.
Signs of improvement in the job market helped lift a measure of consumers' confidence
in the economy in October, a private research group reported Tuesday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/986039.asp
Durable goods orders rebound
America's factories saw orders for big-ticket goods rebound in September, a fresh dose
of good news for manufacturers and a harbinger of better times ahead for the economy
as a whole.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/985991.asp
Microsoft agrees to resolve lawsuits
Microsoft Corp. said Tuesday that it has reached class action settlements in 6 U.S.
states, bringing the total number of consumer class action settlements to 10 so far
within the past year.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/986094.asp
Sony plans to cut 20,000 jobs
Sony Corp. is trimming 20,000 jobs, or about 13 percent of its global work force, in
the next three years as part of a turnaround strategy announced Tuesday to better
integrate its entertainment, video-game and electronics businesses.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/985974.asp
Putnam charged with securities fraud
Federal and Mass. regulators Tuesday said they accused Putnam Investments of
securities fraud, making the fund company the first to be formally charged in a
widening probe into improper trading.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/985975.asp
R.J. Reynolds posts massive loss
R.J. Reynolds Tobacco Holdings Inc. Tuesday reported a hefty quarterly loss as the
maker of Camel and other cigarettes took charges to cut jobs in a bid to trim costs.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/986015.asp
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