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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10386.37 -4.94
NASDAQ: 2043.33 +4.08
S&P 500: 1164.08 -0.81
AMEX: 1326.65 +6.90
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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GOP win fuels revival of Bush energy bill
After a contentious and unsuccessful three-year journey through Congress, the
Bush administration�?Ts comprehensive energy bill has risen from the dead,
thanks to a stronger Republican majority in the Senate, where the bill remains
stalled.
http://msnbc.msn.com/id/6435379/
Fed likely to raise rates another quarter-point
Last week�?Ts strong employment report virtually guarantees that Federal
Reserve Chairman Alan Greenspan and his colleagues will raise interest rates
another quarter-point� Wednesday and probably one more time this year.
http://msnbc.msn.com/id/6445121/
Wall Street sluggish ahead of Fed meeting
Wall Street finished Tuesday�?Ts rather uninspiring session narrowly mixed, as
investors continued to consolidate a two-week run of gains for the broader
market and waited cautiously for Wednesday�?Ts decision on U.S. interest rates.
http://msnbc.msn.com/id/3683270/
Crude oil prices again fall sharply
Oil prices fell again Tuesday, as traders gained confidence that tight supplies
are easing in the U.S. after hurricane-related disruptions put a big dent in
the usual seasonal build-up in inventories for the coming winter.
http://msnbc.msn.com/id/5612507/
UPS to hire 70,000 workers for holidays
UPS said Tuesday it plans to hire nearly 70,000 temporary workers to help
handle an estimated 340 million packages from Thanksgiving to Christmas,
exceeding year-ago forecasts.
http://msnbc.msn.com/id/6445634/
Merck is target of SEC, DOJ probe
Drug maker Merck & Co. said that the Securities and Exchange Commission and the
Justice Department are looking into the company's handling of Vioxx, the
blockbuster arthritis drug it pulled off the market Sept. 30 after safety
studies showed it increased the risk of heart attacks.
http://msnbc.msn.com/id/6441620/
Microsoft shareholders approve huge payout
Microsoft Corp. shareholders Tuesday approved changes to its stock-based
employee compensation plans that would maintain the value of stock options and
awards, allowing the software giant to go forward with a planned $3-per-share
special dividend.
http://msnbc.msn.com/id/6443856/
Embattled insurer Marsh to slash 3,000 jobs
Insurance brokerage Marsh & McLennan said Tuesday that it will lay off 3,000
employees, or about 5 percent of its work force, as it struggles with the
fallout from a bid-rigging probe by New York�?Ts attorney general.
http://msnbc.msn.com/id/6441617/
Ivory Coast conflict shuts down cocoa exports
Deadly violence in Ivory Coast has shut down cocoa exports from the world�?Ts
largest producer, closing ports that ship more than 40 percent of the world�?Ts
raw material for chocolate.
http://msnbc.msn.com/id/6441634/
Big Three set to launch new incentives
The Big Three automakers are poised to unleash another barrage of buyer
incentives in the wake of an unexpectedly sharp build-up in their inventories.
http://msnbc.msn.com/id/6442631/
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