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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10173.41 -8.33
NASDAQ: 1852.92 -7.80
S&P 500: 1105.09 +0.13
AMEX: 1221.73 +4.40
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Report: 1.3 million more Americans in poverty
The nation's poverty rate rose for a third straight year in 2003 and the ranks of the
uninsured swelled, the Census Bureau said Thursday in a report sure to fuel
election-season debate over President Bush's handling of the economy.
http://www.msnbc.msn.com/id/5829707/
Stocks struggle amid oil slide, jobs data
Stocks were struggling Thursday, as investors' relief over declining oil prices offset
their concerns about a jump in jobless claims. Brokerage downgrades of several
semiconductor companies sent tech stocks down slightly.
http://www.msnbc.msn.com/id/3683270/
Weekly U.S. unemployment claims rise
The ranks of Americans filling for initial unemployment compensation swelled last week
but at least half of this increase was linked to devastation wrought by Hurricane
Charley earlier this month, the government said on Thursday.
http://www.msnbc.msn.com/id/5828926/
American brands play to global audience
In the wake of strong anti-American sentiments, how do titans of American commerce
position themselves in the global public eye? A survey of some companies and trade
groups finds a variety of different strategies for difficult times.
http://www.msnbc.msn.com/id/5432427/
Krispy Kreme's quarterly earnings plunge
Once the darling of Wall Street, doughnut-maker Krispy Kreme on Thursday reported
second-quarter profits that were more than 50 percent lower than a year ago and that
widely missed analysts' expectations.
http://www.msnbc.msn.com/id/5827434/
Oil prices edge lower amid Iraq tension
The price of crude oil continued to decline Thursday, retreating from last week's
record highs near $50 a barrel, as oil supply fears receded somewhat.
http://www.msnbc.msn.com/id/5612507/
OPEC wants to see crude prices fall faster
The Organization of Petroleum Exporting Countries (OPEC) wants oil prices that traded
near $50 a barrel last week before retreating this week to fall faster, and will
discuss whether to increase production at a meeting next month, the group's president
said Thursday.
http://www.msnbc.msn.com/id/5829983/
British Airways cancels more flights
British Airways canceled some flights Thursday, marking the fourth consecutive day of
disrupted services due to staff shortages and technical difficulties.
http://www.msnbc.msn.com/id/5830060/
Bank of New York sues Citigroup
Citigroup Inc. was sued by Bank of New York Co. over the sale of securities linked to
Enron Corp.'s creditworthiness, the Wall Street Journal said on Thursday.
http://www.msnbc.msn.com/id/5827745/
TD Bank takes controlling stake in Banknorth
Toronto Dominion Bank will acquire 51 percent of U.S.-based Banknorth Group Inc. in a
$3.8 billion cash and stock deal that will allow TD to expand its reach in the
Northeastern United States, the bank said Thursday.
http://www.msnbc.msn.com/id/5818494/
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