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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10432.52 +41.44
NASDAQ: 2023.53 +2.91
S&P 500: 1142.12 +1.70
AMEX: 1208.78 -1.73
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Blue chips rise after Fed chief's remarks
Blue-chip stocks closed Tuesday's choppy session with modest gains, as investors
seemed to accept the possibility of faster-than-expected rate hikes after a
surprisingly forthright statement on interest rates from Fed chief Alan Greenspan.
http://www.msnbc.msn.com/id/3683270/
Fed ready to raise rates, Greenspan says
Federal Reserve Chairman Alan Greenspan suggested Tuesday that Fed policy-makers can
boost now super-low interest rates gradually, but he didn't rule out more aggressive
action to keep inflation at bay.
http://www.msnbc.msn.com/id/5164396/
Ex-WorldCom CFO pleads guilty
Scott Sullivan, WorldCom Inc.'s former chief financial officer, pleaded guilty Monday
to one count of conspiracy to commit securities fraud, the Mississippi attorney
general's office said. Sullivan faces up to five years in state prison.
http://www.msnbc.msn.com/id/5160460/
Gas prices seen easing later in summer
U.S. drivers should see slightly lower prices at the pumps later this summer when more
oil exports from OPEC arrive in U.S. ports and help lower gasoline prices, the federal
government said Tuesday.
http://www.msnbc.msn.com/id/5166129/
N.Y.'s Spitzer says won't settle Grasso suit
New York Attorney General Eliot Spitzer said Tuesday he would not settle his lawsuit
against former New York Stock Exchange Chairman Richard Grasso.
http://www.msnbc.msn.com/id/5166148/
DirecTV sells its equity stake in TiVo
DirecTV on Tuesday sold its equity stake in TiVo Inc., said a DirecTV spokesman.
http://www.msnbc.msn.com/id/5166451/
JetBlue Airways to buy 30 Airbus A320s
JetBlue Airways Corp. said it plans to exercise options to buy 30 Airbus A320
aircraft.
http://www.msnbc.msn.com/id/5165689/
Jelly Belly honors Ronald Reagan
A sweet tribute to Ronald Reagan by a jelly-bean company that credits the former
president with making it a "worldwide company overnight."
http://www.msnbc.msn.com/id/5166402/
Cranberry growers reject Ocean Spray deal
The cranberry and grapefruit growers who own Ocean Spray Inc. have narrowly rejected
PepsiCo's offer to buy a stake in the agricultural cooperative.
http://www.msnbc.msn.com/id/5165541/
Microsoft appeals EU antitrust ruling
Microsoft Corp. said Tuesday it has filed its appeal of the European Union's landmark
antitrust decision, charging the changes in business practices demanded by EU
regulators would undermine innovation and growth.
http://www.msnbc.msn.com/id/5163753/
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