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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10205.20 +95.31
NASDAQ: 1984.50 +8.35
S&P 500: 1121.26 +6.32
AMEX: 1200.01 +6.68
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Ten jobs not likely to be outsourced
Many white-collar jobs have shifted outside the U.S. in the past several years,
prompting fears that a broad swath of professional jobs can be outsourced to
lower-cost countries. But that is not the case.
http://www.msnbc.msn.com/id/5077435/
Blue-chip stocks rally after GDP report
Buoyed by a solid gross domestic product reading, investors sent blue-chip stocks
sharply higher Thursday, welcoming fresh signs of strength in the economy. A decline
in weekly jobless claims and easing oil prices added to the market's good humor.
http://www.msnbc.msn.com/id/3683270/
U.S. economic growth revised upwards
The economy grew at a 4.4 percent annual rate in the first quarter of this year,
slightly faster than previously thought and fresh evidence that the recovery possessed
good momentum as it headed into the current quarter.
http://www.msnbc.msn.com/id/5075679/
Greenspan increases White House visits
Federal Reserve Chairman Alan Greenspan's visits to the White House and meetings with
top administration officials increased sharply after President Bush took office in
January 2001, according to records released to an academic researcher under the
Freedom of Information Act.
http://www.msnbc.msn.com/id/5074781/
Oil falls below $40 as OPEC mulls options
U.S. oil prices fell a dollar Thursday as OPEC's president said the cartel was
considering a big output increase to make a "psychological impact."
http://www.msnbc.msn.com/id/5074790/
Ex-Rite Aid boss gets 8-year prison term
Former Rite Aid Corp. chief executive Martin L. Grass was sentenced to eight years in
prison Thursday for conspiring to falsely inflate the value of the company his father
founded and cover up the scheme.
http://www.msnbc.msn.com/id/5076954/
Langone says he won't settle Grasso suit
Kenneth G. Langone said Thursday he will not seek a settlement in the lawsuit brought
against him and former exchange chief Richard A. Grasso by New York's attorney general.
http://www.msnbc.msn.com/id/5078177/
Mortgage rates continue upward trend
Rates on 30-year and 15-year mortgages resumed their upward march this week, a factor
that could contribute to a further slowdown in home-mortgage refinancings, economists
said.
http://www.msnbc.msn.com/id/5078125/
Couples avoid taking their vows on 9/11
Nobody wants to get married on Sept. 11. While most fall Saturdays are normally
booked solid by now, many businesses that cater to wedding receptions still have open
dates on the anniversary of the terrorist attacks. Sept. 11 falls on a Saturday this
year.
http://www.msnbc.msn.com/id/5069802/
Air passenger traffic posting strong gains
Worldwide air passenger traffic rose 15.4 percent in the first four months of the year
compared with the same period of 2003, the Geneva-based International Air Transport
Association (IATA) said on Thursday.
http://www.msnbc.msn.com/id/5075855/
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