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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10313.36 -29.43
NASDAQ: 1850.64 -7.92
S&P 500: 1116.27 -5.03
AMEX: 1239.03 -1.12
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks slip despite Fed chief's comments
Despite Federal Reserve Chairman Alan Greenspan's improved assessment, investors
adopted a wait-and-see attitude toward the economy Wednesday, bidding stocks slightly
lower as they waited for better economic and earnings news.
http://www.msnbc.msn.com/id/3683270/
Economic growth continues across U.S. - Fed
The economy in many areas of the United States grew at a slower pace in late July and
August as household spending softened, the Federal Reserve said in a report Wednesday.
http://www.msnbc.msn.com/id/5943946/
Greenspan: Economy regaining traction
Federal Reserve Chairman Alan Greenspan said Wednesday the U.S. economy has "regained
some traction" after a late spring slowdown that was triggered by a sharp spike in oil
prices.
http://www.msnbc.msn.com/id/5942222/
Quattrone sentenced to 18-month term
Former star technology banker Frank Quattrone was sentenced Wednesday to 18 months in
prison plus two years probation after his conviction for obstruction of justice.
http://www.msnbc.msn.com/id/5933981/
Job openings rose, hires fell in July
More U.S. jobs were available in July though fewer people were hired, the Labor
Department said on Wednesday.
http://www.msnbc.msn.com/id/5943429/
U.S. crude falls below $43 a barrel
Oil prices fell Wednesday after the head of producer group OPEC said the market was
oversupplied, outweighing worries that powerful Hurricane Ivan could disrupt U.S.
offshore oil and gas production in the coming days.
http://www.msnbc.msn.com/id/5612507/
BBC invites discussion for Worldwide unit
The BBC has invited Time Warner, Bertelsmann and Walt Disney to discuss possible bids
for BBC Worldwide, the corporation's commercial sales and publishing arm.
http://www.msnbc.msn.com/id/5943650/
Delta plans up to 7,000 job cuts
Delta Air Lines will cut up to 7,000 jobs - or 10 percent of its overall work force -
during the next 18 months, company CEO Gerald Grinstein said Wednesday.
http://www.msnbc.msn.com/id/5941531/
Ford, unions deal to save Land Rover
Ford Motor Co. and labor unions struck a deal Wednesday to save Land Rover, the
British maker of off-road vehicles, hit hard by inefficiency, poor exchange rates and
quality problems.
http://www.msnbc.msn.com/id/5944763/
GM hikes cash rebate incentives for '05 models
General Motors Corp. said it raised its cash rebate sales incentives by between $500
and $1,000 on most of its 2005 model year vehicles Wednesday, a week after posting an
8 percent drop in August sales.
http://www.msnbc.msn.com/id/5942285/
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