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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10505.83 -111.95
NASDAQ: 2070.56 -21.97
S&P 500: 1177.45 -10.25
AMEX: 1400.60 +3.62
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks socked by jobs data, higher oil
An unexpected jump in weekly unemployment claims and a sharp rise in crude oil
prices, which triggered concerns of higher energy costs squeezing corporate
profits, pushed stock indices down sharply Thursday.
http://msnbc.msn.com/id/3683270/
Wal-Mart's CEO on offensive against critics
Wal-Mart and its CEO, Lee Scott, went on the offensive Thursday against critics
of its employment policies and the impact its stores have on communities where
they are located.
http://msnbc.msn.com/id/6821580/
Retail sales rose solidly in December
Retail sales, helped by sizzling activity in auto showrooms, jumped by 1.2
percent in December, providing a solid finish to a year in which sales climbed
at the fastest pace this decade.
http://msnbc.msn.com/id/6821282/
The worst cars on the market
Making a list of the worst cars of all time, which we compiled last year, is
easier than making a list of the worst cars currently on the market because,
frankly, all cars are built pretty well these days.
http://msnbc.msn.com/id/6816862/
Mortgage rates continue downward swing
Interest rates on U.S. 30-and 15-year mortgages fell for the second straight
week as low borrowing costs for home buyers bode well for the housing market in
2005, mortgage finance company Freddie Mac said on Thursday.
http://msnbc.msn.com/id/5899422/
GM sets weaker profit outlook
General Motors Corp. on Thursday said it expects earnings this year to fall,
due partly to a $1 billion rise in health-care costs, and the automaker also
pushed back a longer-term profit target.
http://msnbc.msn.com/id/6823116/
Sun Micro reports a slim profit
Sun Microsystems Inc. on Thursday reported a small quarterly net profit,
reversing a year-earlier loss, as costs narrowed even as revenue declined
slightly.
http://msnbc.msn.com/id/6823122/
Stewart's lawyers weigh high court ruling
Martha Stewart�?Ts legal team is reportedly studying whether a Supreme Court
ruling tossing out federal sentencing guidelines could shorten the length of
her confinement.
http://msnbc.msn.com/id/6821844/
Google Inc. settles charges with SEC
Web search leader Google Inc. said it has settled without financial penalty
U.S. regulators�?T charges that it failed to register more than $80 million in
employee stock options prior to its initial public offering, the company and
government said Thursday.
http://msnbc.msn.com/id/6822526/
9 Ahold vendors charged with fraud
Criminal charges have been filed against nine vendors accused of taking part in
a scheme to inflate earnings of a subsidiary of supermarket giant Royal Ahold
NV by more than $800 million, federal prosecutors said Thursday.
http://msnbc.msn.com/id/6822285/
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