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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10467.40 -31.19
NASDAQ: 2047.15 +1.06
S&P 500: 1174.55 +0.48
AMEX: 1422.47 +1.98
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Ford recalls 792,000 popular pickups, SUVs
Ford Motor Co. said Thursday it was recalling about 792,000 pickup trucks and
sport utility vehicles because of a fire risk.
http://msnbc.msn.com/id/6876176/
Bout of profit-taking dents blue chips
A spate of profit-taking pushed blue-chip stocks lower Thursday, as investors
worried about rising crude oil prices and looked past a new round of largely
positive earnings and reports of a takeover bid for AT&T Corp.
http://msnbc.msn.com/id/3683270/
Reports: SBC in talks to buy rival AT&T
SBC Communications Inc. is in talks to acquire America�?Ts once-dominant
telephone brand, AT&T Corp., for at least $15 billion, according to newspaper
reports published Thursday.
http://msnbc.msn.com/id/6874493/
Riggs Bank guilty of money laundering
Riggs Bank pleaded guilty Thursday to a criminal charge of failing to report
suspicious transactions in the accounts of foreigners, including two dictators,
and agreed to a $16 million proposed fine.
http://msnbc.msn.com/id/6875033/
HealthSouth official never told to break law
A key witness against Richard Scrushy testified Thursday the fired HealthSouth
CEO never told him to break the law at the start of a huge fraud, and that FBI
agents were �?opressing�?� him for figures about the scam after he went to
investigators.
http://msnbc.msn.com/id/6866464/
Former WorldCom controller details fraud
The former controller of WorldCom Inc. took the stand Thursday at Bernard
Ebbers�?T fraud trial and described a meticulous effort by company accountants
to falsify the books by hundreds of millions of dollars.
http://msnbc.msn.com/id/6866737/
Mortgage rates dip for fourth straight week
Rates on 30-year mortgages fell for a fourth straight week as investors waited
to see what the Federal Reserve will do next week with interest rates.
http://msnbc.msn.com/id/5899422/
Bush team won't appeal media ownership rules
The Bush administration will not ask the Supreme Court to overturn a ruling
that struck down the Federal Communication Commission's sweeping changes of
media ownership rules.
http://msnbc.msn.com/id/6877033/
JetBlue posts lower 4th-quarter profit
Despite reporting low fourth-quarter earnings on Thursday, JetBlue Airways
Corp. still managed to beat analysts' expectations.
http://msnbc.msn.com/id/6876464/
United's parent posts $274 million loss
United Airlines' parent company reported Thursday a $274 million third-quarter
loss. The results marked 17 straight money-losing quarters for the nation's No.
2 carrier.
http://msnbc.msn.com/id/6876461/
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