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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 9990.02 -127.32
NASDAQ: 1896.07 -21.89
S&P 500: 1087.11 -11.59
AMEX: 1163.44 -28.64
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Global markets tumble on rate hike fears
Persistent fears that the U.S. Federal Reserve will decide to raise interest rates
again as soon as this June dragged Wall Street's major stock indices to their lowest
levels so far this year Monday and pushed stock indices lower around the globe.
http://www.msnbc.msn.com/id/3683270/
Citigroup settles with WorldCom investors
Financial services giant Citigroup has agreed to pay $2.65 billion to settle
class-action suits brought by investors who bought WorldCom Inc. securities before the
telecommunications company's bankruptcy filing in 2002.
http://www.msnbc.msn.com/id/4944263/
Saudis urge OPEC to hike oil output
Saudi Oil Minister Ali Naimi urged OPEC on Monday to raise its production ceiling by
1.5 million barrels a day when it meets on June 3.
http://www.msnbc.msn.com/id/4943789/
Driving habits little changed by gas prices
With gasoline prices at record levels, everyone loves to complain about them. But at
what point will American drivers do something �?" like trade in their SUV for a more
fuel efficient car? Or carpool to work? Or move closer to their job? By MSNBC.COM's
John W. Schoen
http://www.msnbc.msn.com/id/4908148/
Sabotage hits Iraq's southern oil exports
A sabotage attack on a southern pipeline has struck oil exports from Iraq's vital
Basra terminal, denting Baghdad's main source of revenue for postwar reconstruction.
http://www.msnbc.msn.com/id/4943801/
Gas prices up 10 cents in past 2 weeks
Over the past two weeks, average U.S. retail gasoline prices took their biggest jump
since last August, when a multi-state power blackout hit prices, and they could go
higher yet, an industry analyst said on Sunday.
http://www.msnbc.msn.com/id/4939449/
Ford gives dealers incentive to move F-150s
Ford Motor Co. is paying its dealers as much as $1,500 for every light-duty F-150
pickup truck they sell this month in a bid to bolster sales, the automaker said on
Monday.
http://www.msnbc.msn.com/id/4945334/
Safety proposal may lead to side air bags
This week, federal regulators plan to take a major step toward protecting passengers
in side-impact crashes, which are responsible for 10,000 deaths each year on the
nation's highways.
http://www.msnbc.msn.com/id/4943804/
Best places to get rich
Want to do business? Move to Madison, Wis. Want to get rich? Move to Palo Alto.
http://www.msnbc.msn.com/id/4925057/
EU Offers to Eliminate Farm Export Taxes
The European Union's top trade negotiators proposed Monday that rich nations,
including the United States, Japan and Canada, drop all forms of subsidies on farm
export products.
http://www.msnbc.msn.com/id/4945857/
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