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               Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10171.56 -68.73
NASDAQ: 1935.32 -30.76
S&P 500: 1109.10 -9.23
AMEX: 1255.05 -2.52
Wall Street Watch: Complete coverage

http://www.msnbc.msn.com/id/3032221/
                        

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     Business
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Stocks lower amid dour retail data
Stocks were struggling Thursday, as investors, scanning some downbeat retail sales 
data, worried that the pace of U.S. consumer spending could further cool the economic 
recovery.
http://www.msnbc.msn.com/id/3683270/

Ex-Enron CEO pleads not guilty
Former Enron CEO Kenneth Lay pleaded not guilty to several charges accusing him of 
deceiving the public, company shareholders and government regulators about the energy 
company that he founded and led to industry prominence before its collapse in 2001.
http://www.msnbc.msn.com/id/5387858/

Martha Stewart's bid for new trial denied
A federal judge on Thursday denied Martha Stewart's latest request for a new trial 
based on allegations that a government ink expert lied on the witness stand at her 
first trial.
http://www.msnbc.msn.com/id/5395642/

Mortgage rates fall for third straight week
Rates on 30-year and 15-year mortgages dropped for a third straight week to levels 
that homebuyers haven't been able to take advantage of since the spring.
http://www.msnbc.msn.com/id/5183125/

Weekly U.S. jobless claims fall sharply
The number of new people signing up for jobless benefits dropped last week to the 
lowest level in more than three years, a potentially encouraging sign for a labor 
market experiencing a bumpy recovery.
http://www.msnbc.msn.com/id/5394221/

FCC approves Nextel airwaves swap
Regulators OK plan to give Nextel highly valued wireless spectrum in exchange for 
company dropping some of its airwaves that can interfere with fire and police 
communication systems.
http://www.msnbc.msn.com/id/5396022/

Slow start to summer hurts retailers
A slow start to summer weather and higher gas prices stifled business at many of the 
nation's big retailers last month, giving the overall industry a mixed sales 
performance.
http://www.msnbc.msn.com/id/5394315/

Yukos endgame gives Putin more control
In a high-stakes endgame watched closely by world oil markets, Russian oil giant 
Yukos, as it previously warned, missed Wednesday's midnight deadline to pay $3.4 
billion in back taxes. After reports of last-minute talks to avert bankruptcy, the 
government appeared ready to begin taking control of the company's assets.
http://www.msnbc.msn.com/id/5387373/

Yahoo posts sharp increase in earnings
Yahoo said its quarterly profit more than doubled from year-earlier levels to $112 
million, driving by rising Internet advertising revenues.
http://www.msnbc.msn.com/id/5388033/

Alcoa profit up, but Street reviews mixed
Alcoa Inc., the world's largest aluminum producer, announced sharply increased profits 
Wednesday but the earnings fell short of some Wall Street expectations.
http://www.msnbc.msn.com/id/5394776/


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