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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10539.97 -88.82
NASDAQ: 2073.59 -32.45
S&P 500: 1184.63 -11.35
AMEX: 1415.42 -5.78
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Mixed batch of earnings slams Wall Street
Wall Street�?Ts major stock indices closed Wednesday with sharp losses, as
investors overlooked upbeat economic data and reacted instead to a mixed batch
of corporate earnings results, including a disappointing profit report from Dow
industrials component J.P. Morgan Chase & Co.
http://msnbc.msn.com/id/3683270/
Home construction jumps, consumer prices dip
Home construction rose strongly last month while falling energy costs pulled
down U.S. consumer prices.
http://msnbc.msn.com/id/6842856/
Economic activity grew through January
The pace of U.S. economic activity continued to pick up in most of the country
in late November through early January, the Federal Reserve said Wednesday.
http://msnbc.msn.com/id/6844131/
Japan, U.S. nearing resolution on beef
Japanese and U.S. officials are nearing a resolution to a 13-month ban on
American beef imports to Japan that could soon have U.S. beef producers
regaining limited access to a billion-dollar market, a U.S. agricultural
official said Wednesday.
http://msnbc.msn.com/id/6842606/
Jury selection begins in Ebbers case
Potential jurors for the trial of former WorldCom Inc. chief Bernard Ebbers
were asked Wednesday whether they had financial ties to the company and what
they had read in the media about the case.
http://msnbc.msn.com/id/6843803/
Ex-ImClone CEO to pay $3 million fine
Former ImClone Systems Inc. Chief Executive Sam Waksal has agreed to pay a $3
million civil penalty to settle charges over the insider trading scandal that
also involved lifestyle entrepreneur Martha Stewart, U.S. regulators said
Wednesday
http://msnbc.msn.com/id/6844001/
Ex-Enron executives to be tried in Houston
The top bosses from disgraced Enron Corp. will all be tried on criminal charges
in Houston, a federal judge ruled Wednesday.
http://msnbc.msn.com/id/6844089/
United pilots pact calls for 11.8 percent pay cut
United Airlines�?T pilots would take an 11.8 percent pay cut and the future of
their defined-benefit pensions would be left temporarily unresolved under a
revised contract worked out by the two sides.
http://msnbc.msn.com/id/6844494/
EBay's quarterly profit jumped 44 percent
EBay Inc. said Wednesday quarterly profit rose 44 percent, helped by growth in
its PayPal service, and announced a two-for-one stock split.
http://msnbc.msn.com/id/6844755/
GM earnings slip as it struggles in Europe
General Motors Corp., the world's biggest automaker, said Wednesday its net
income fell 37 percent in the fourth quarter, led downward in part by continued
struggles at its European operations.
http://msnbc.msn.com/id/6843067/
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