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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10619.03 -45.70
NASDAQ: 2037.93 -8.03
S&P 500: 1144.11 -2.95
AMEX: 1234.80 -8.77
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Greenspan comments ease stocks pullback
Alan Greenspan's comments on American job worries soothed investors and eased Wall
Street's sharp drop. The Dow closed Friday 46 points lower, while the Nasdaq fell 8
points.
http://www.msnbc.msn.com/id/3683270/
Government rests case against Stewart, broker
The government rested its case against Martha Stewart and her stockbroker Friday,
after a critical prosecution witness wavered slightly about testimony that had damaged
the homemaking mogul.
http://www.msnbc.msn.com/id/4312838/
Consumer prices spike up on energy costs
A sharp rise in energy costs pushed U.S. consumer prices up at their fastest pace in
nearly a year last month, but underlying price pressures remained muted, a government
report showed on Friday.
http://www.msnbc.msn.com/id/4325213/
Roy Disney aims for 20 percent 'no' vote
Leaders of the dissident shareholders' campaign to unseat Walt Disney Co. Chief
Executive Michael Eisner said on Thursday they were aiming for a fifth of voting
shareholders to support them at next month's annual meeting.
http://www.msnbc.msn.com/id/4325076/
Greenspan warns against 'protectionist cures'
Federal Reserve Chairman Alan Greenspan warned on Friday that "protectionist cures"
being advanced to deal with the country's job insecurities would make the situation
worse.
http://www.msnbc.msn.com/id/4327578/
IBM vows to appeal key pension ruling
IBM said on Thursday it would appeal a federal court ruling that it must compensate
workers and retirees who were judged to have lost out when it abandoned its
traditional pension plan, a ruling that could cost IBM billions of dollars.
http://www.msnbc.msn.com/id/4324954/
Jury selection for Adelphia case nears
It will be up to a jury that will be selected next week to decide if John Rigas and
his two sons stole millions of dollars from Adelphia, the cable company the family
started from scratch, in a monumental fraud.
http://www.msnbc.msn.com/id/4325828/
U.S. probe targets KPMG tax shelters
The U.S. Justice department launched a criminal probe into tax shelters KPMG offered
to individuals and companies, intensifying its effort to stop tax avoidance schemes it
regards as tantamount to evasion.
http://www.msnbc.msn.com/id/4325451/
Fed's McTeer not worried about dollar fall
Dallas Federal Reserve President Robert McTeer said on Thursday he was not concerned
the U.S. dollar had weakened against the euro, the latest in a series of such comments
from U.S. central bankers.
http://www.msnbc.msn.com/id/4325023/
China arrests former Bank of China exec
Liu Jinbao, the former chief of the Bank of China's Hong Kong branch, has been
arrested, the latest senior financial official to be toppled over corruption.
http://www.msnbc.msn.com/id/4324991/
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