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Today's Business Headlines - Market Close from MSNBC.com
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Wall Street Watch: Complete coverage
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Business
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Dow slumps to new 2004 low as oil tops $55
Worried investors sent stocks down sharply Friday, as crude oil futures topped $55 per
barrel and tepid earnings from Microsoft Corp. and the Coca-Cola Co. offset a strong
third-quarter profit report from Google Inc.
http://www.msnbc.msn.com/id/3683270/
Oil prices soar to record high
Oil futures prices surged to new heights above $55-a-barrel on Friday as concerns
about the global supply of heating oil persist ahead of winter in the Northern
Hemisphere.
http://www.msnbc.msn.com/id/5612507/
Answer Desk: Is politics moving gas prices?
http://www.msnbc.msn.com/id/3403854/
Citigroup exec may face SEC action
Citigroup Inc. Friday said U.S. securities regulators may recommend enforcement
proceedings against the former head of Citigroup Global Investment Management.
http://www.msnbc.msn.com/id/6304797/
Bush quietly signs corporate tax-cut bill
President Bush Friday quietly signed into law a bill containing about $136 billion in
tax cuts denounced by critics on both sides of the aisle as a giveaway to corporate
interests.
http://www.msnbc.msn.com/id/6307293/
Marsh & McLennan CEO to resign
Jeffrey Greenberg, chairman and chief executive of embattled insurance broker Marsh &
McLennan Cos., is expected to step down within hours, a newspaper reported on Friday,
citing people close to the discussions.
http://www.msnbc.msn.com/id/6304825/
Hooters opens first outlet in China
The beer is flowing, John Fogerty is singing on the stereo and six scantily clad young
Chinese women are doing the hokey-pokey.
http://www.msnbc.msn.com/id/6306675/
Army to let Halliburton keep Iraq payment
The U.S. Army is laying the groundwork to let Halliburton Co. keep several billion
dollars paid for work in Iraq that Pentagon auditors say is questionable or
unsupported by proper documentation, the Wall Street Journal reported on Friday.
http://www.msnbc.msn.com/id/6304798/
Japan, U.S. discuss beef-imports ban
Japanese and U.S. officials entered a second day of talks Friday aimed at lifting
Japan's 10-month-old ban on American beef imports, focusing on how stringently
producers should test their cattle for mad cow disease.
http://www.msnbc.msn.com/id/6304816/
Trump casino group to file for Chapter 11
Trump Hotels and Casino Resorts, Donald Trump's troubled casino business, is to file
for Chapter 11 bankruptcy protection after reaching agreement with bondholders to
recapitalize debt.
http://www.msnbc.msn.com/id/6305752/
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