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Today's Business Headlines - Market Close from MSNBC.com
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Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Blue chips continue sell-off
A slowdown in economic growth and oil prices climbing to near record highs renewed
Wall Street's fears of disappointing third-quarter earnings Thursday and pushed stocks
mostly lower.
http://www.msnbc.msn.com/id/3683270/
Warner Music eyes IPO plan
Warner Music is actively considering an initial public offering that could value the
world's fourth largest music group at up to $5 billion.
http://www.msnbc.msn.com/id/6079497/
Leading economic indicators decline
A closely watched measure of future economic activity fell in August for a third
consecutive month, reflecting an uncertain climate for both businesses and consumers.
http://www.msnbc.msn.com/id/6081066/
Oil prices rise as U.S. mulls tapping stocks
Oil prices inched closer to $50 a barrel Thursday even as the Bush administration
considered tapping the nation's emergency stockpile of crude on behalf of refiners
whose supply was disrupted by Hurricane Ivan.
http://www.msnbc.msn.com/id/5612507/
Frances' insured losses seen hitting $4.4 billion
Insurance payments to victims of Hurricane Frances are expected to reach $4.4 billion,
making it the fourth most costly storm in U.S. history, an insurance industry group
said Thursday.
http://www.msnbc.msn.com/id/6081804/
Housing market shows little signs of slowing
Interest rates on U.S. 30-and 15-year mortgages fell this week to their lowest levels
since early April as the housing market showed little sign of slowing despite the
Federal Reserve's move to raise interest rates, mortgage finance company Freddie Mac
said on Thursday.
http://www.msnbc.msn.com/id/5899422/
Former FDA chief grilled by tobacco lawyers
Cigarette makers Thursday tried to portray former Food and Drug Administration chief
David Kessler as a biased publicity-seeker as he took the stand as the first witness
in the government's $280 billion racketeering suit against the industry.
http://www.msnbc.msn.com/id/6061774/
Ink expert in Martha Stewart case on trial
In a case about sex, lies and chromatography, a U.S. Secret Service ink expert went on
trial Thursday on charges he testified falsely in the high-profile courtroom drama of
homemaking icon Martha Stewart.
http://www.msnbc.msn.com/id/6081616/
SEC settles with GE over Welch compensation
The U.S. Securities and Exchange Commission said Thursday that General Electric agreed
to a settlement regarding the company's failure to disclose compensation paid to
former Chief Executive Officer John Welch.
http://www.msnbc.msn.com/id/6081618/
Ex-Computer Associates boss pleads not guilty
Former Computer Associates chief executive and chairman Sanjay Kumar - charged
yesterday with securities fraud, conspiracy and obstruction of justice - pleaded not
guilty Thursday.
http://www.msnbc.msn.com/id/6070199/
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