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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10368.44 -64.08
NASDAQ: 1990.61 -32.92
S&P 500: 1131.29 -10.89
AMEX: 1195.48 -13.30
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Profit-taking weighs on Wall Street
Stocks fell Wednesday after three days of gains, as investors digested the idea that
interest rates might rise significantly more than expected when the Federal Reserve
meets later this month.
http://www.msnbc.msn.com/id/3683270/
Oil prices rise after inventory report
U.S. oil prices stumbled below $37 a barrel on Wednesday, to mark a 13-percent drop
from 21-year highs, ahead of U.S. data expected to ease worries of a summer supply
crunch in the world's biggest energy consumer.
http://www.msnbc.msn.com/id/5171017/
House blocks $10 billion Accenture deal
A U.S. House of Representatives committee passed a measure on Wednesday that would
block Accenture from a $10 billion security contract because the consulting firm is
not based in the United States.
http://www.msnbc.msn.com/id/5174799/
Clear Channel to pay record FCC indecency fine
The nation's largest radio chain has agreed to a record settlement to resolve
indecency complaints against Howard Stern and other radio personalities, federal
regulators announced Wednesday.
http://www.msnbc.msn.com/id/5171165/
Former Symbol CEO declared a fugitive
The indicted former CEO of Symbol Technologies was declared a fugitive Wednesday after
his lawyer told federal prosecutors the executive would not return to the U.S. to face
arraignment.
http://www.msnbc.msn.com/id/5174616/
Comcast in talks over toddlers' channel
Comcast Corp. is in advanced talks with the Public Broadcasting Service, Sesame
Workshop and Britain's HIT Entertainment to develop a 24-hour TV network for preschool
children, The Wall Street Journal reported on Wednesday.
http://www.msnbc.msn.com/id/5171235/
ConocoPhillips eyes a stake in Lukoil
ConocoPhillips is eyeing a stake in Lukoil, Russia's largest oil company, people close
to both companies say.
http://www.msnbc.msn.com/id/5171191/
Miami drivers sue Shell over bad gas
Lawyers for motorists with broken gas gauges will seek more than $100 million in
damages from Shell and its refiner Motiva Enterprises for repairs, insurance claims
and lost time blamed on high-sulfur gasoline pumped in May.
http://www.msnbc.msn.com/id/5172501/
Coke's No. 2 executive to step down
The Coca-Cola Co.'s No. 2 executive, Steve Heyer, is stepping down, the company said
Wednesday.
http://www.msnbc.msn.com/id/5172572/
Kraft deals to use 'South Beach' trademark
Kraft Foods Inc. said Wednesday it has struck a deal with South Beach Diet author Dr.
Arthur Agatston to use the South Beach trademark to promote some foods.
http://www.msnbc.msn.com/id/5173589/
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