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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10289.10 -24.26
NASDAQ: 1869.65 +19.01
S&P 500: 1118.38 +2.11
AMEX: 1244.89 +5.86
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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How long will the world's oil last?
Since oil production peaked in the U.S. in 1970, a growing number of geologists,
economists and industry analysts have been pondering the question of just how long
global oil supplies will last. By John W. Schoen
http://www.msnbc.msn.com/id/5945678/
Jobless data, oil prices leave stocks mixed
Rising oil prices and a disappointing wholesale inventories report offset a sharp drop
in initial unemployment claims on Thursday, leaving stock indices mixed. Technology
shares benefited from a pair of outlook upgrades.
http://www.msnbc.msn.com/id/3683270/
House Democrats challenge overtime legislation
House Democrats led a revolt Thursday against a new Bush administration interpretation
of who is eligible for overtime, moving to block just-implemented rules that critics
argue could deprive millions of workers of their overtime pay.
http://www.msnbc.msn.com/id/5954011/
Mortgage rates edge up, Freddie Mac reports
Mortgage rates around the country went up this week, although 30-year mortgages still
were below 6 percent for a sixth straight week.
http://www.msnbc.msn.com/id/5899422/
Weekly jobless claims fall sharply
The number of new people signing up for jobless benefits plunged last week, partly
reflecting a tapering off of filings related to Hurricane Charley.
http://www.msnbc.msn.com/id/5951414/
Oil prices leap as stockpiles dwindle
Oil prices jumped more than a dollar on Thursday after the U.S. government said crude
stocks fell to a fresh five-month low last week and distillate fuel inventories barely
grew ahead of winter.
http://www.msnbc.msn.com/id/5612507/
Yukos boss thinks he'll lose company
Russian oil tycoon Mikhail Khodorkovsky, in jail since October in what analysts say is
Kremlin punishment for political activities, said on Thursday he had little doubt he
would lose his firm Yukos.
http://www.msnbc.msn.com/id/5952740/
Health care premiums jump 11.2 percent
Health care costs continued to surge this year as family premiums in
employer-sponsored plans jumped 11.2 percent, the fourth year of double-digit growth,
according to a new study.
http://www.msnbc.msn.com/id/5951804/
JetBlue Airways sings the blues
JetBlue Airways is hitting its first major patch of turbulence in its
four-and-a-half-year history. The New York-based carrier said Wednesday that
third-quarter earnings would be "significantly lower" than previous estimates because
of higher fuel costs, weak yields and bookings, and the effects of what is turning out
to be a devastating hurricane season in Florida.
http://www.msnbc.msn.com/id/5951760/
WorldCom's Ebbers seeks dismissal of case
Former WorldCom Inc. chief Bernard Ebbers asked a federal judge on Wednesday to toss
out the charges against him and to grant immunity to two of his former subordinates.
http://www.msnbc.msn.com/id/5950764/
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