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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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Both candidates avoid tough talk on deficit
Both President Bush and Sen. John Kerry have been conspicuously quiet on how they
would attack structural and demographic problems that could lead to unmanageable
federal budget deficits.
http://www.msnbc.msn.com/id/6235291/
Stock indices slump as oil prices rally
Soaring oil prices trumped positive earnings news Wednesday, sending stocks lower as
investors rushed to take profits from the market on new fears that the market is in
the midst of a commodities bubble.
http://www.msnbc.msn.com/id/3683270/
U.S. crude rallies near record highs
Crude oil futures rallied back above $53 late on Wednesday on speculation and panic
sparked by an oil line explosion in Mexico.
http://www.msnbc.msn.com/id/5612507/
The most wasteful Medicare states
We tend to think that high-tech medicine is behind our skyrocketing national medical
bill. But inefficiency may be a much more powerful part of the problem than we realize.
http://www.msnbc.msn.com/id/6234038/
GM reportedly to cut 10,000 European jobs
General Motors will cut around 10,000 jobs in Europe in a drive to save some $613.4
million a year and return its loss-making operations there to profit, a company source
said on Wednesday.
http://www.msnbc.msn.com/id/6239898/
SEC proposes stricter rules for IPOs
The SEC Wednesday proposed stricter rules to halt underwriting practices that
artificially boost demand for shares in initial public offerings.
http://www.msnbc.msn.com/id/6239880/
McDonald's raises earnings outlook
Fast food giant McDonald's says earnings this quarter will be better than forecast,
thanks to rising sales and a lower tax bill.
http://www.msnbc.msn.com/id/6237361/
Harley-Davidson rumbles to record profit
Motorcycle maker Harley-Davidson Inc. reported record quarterly earnings on Wednesday
as more efficient operations and the weak dollar boosted its margins.
http://www.msnbc.msn.com/id/6237362/
Spitzer halts sale of 9/11 coins he calls fraud
New York Attorney General Eliot Spitzer on Wednesday obtained a court order to
temporarily suspend the sale of commemorative Sept. 11 coins heavily advertised as
being minted from silver recovered at ground zero.
http://www.msnbc.msn.com/id/6239155/
WorldCom's Ebbers wants company to pay legal bills
Former WorldCom Inc. chief executive Bernard Ebbers has indicated he will seek
reimbursement from the company for his millions of dollars in legal bills.
http://www.msnbc.msn.com/id/6239017/
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