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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10754.26 -80.62
NASDAQ: 2061.34 -26.09
S&P 500: 1200.75 -9.59
AMEX: 1497.77 +0.95
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks drop after Fed chief�?Ts testimony
Stocks closed Thursday with sizeable losses, after Federal Reserve Chairman
Alan Greenspan offered more testimony on Capitol Hill on the state of the
economy, the funding shortfall for Medicare and the problems facing the Social
Security program.
http://msnbc.msn.com/id/3683270/
Scientists seek to boost mental fitness
What if you could reverse aging? Turn back the clock and reverse the
frustrations of forgetfulness. That fantasy may soon become reality thanks to a
group of world renowned scientists. The company they founded is working round
the clock to develop a suite of products best described as gym equipment for
your brain.
http://msnbc.msn.com/id/6974765/
Bush open to Social Security suggestions
President Bush appealed to members of Congress to make suggestions of their own
for changing Social Security on Thursday, and said they need not fear political
retribution.
http://msnbc.msn.com/id/6980160/
Mortgage rates rise for first time this year
Rates on 30-year mortgages which had fallen for six straight weeks edged up
slightly this week, reflecting rising rates in financial markets.
http://msnbc.msn.com/id/5899422/
Starbucks launches alcoholic drink
Starbucks Corp.�?Ts on Thursday will introduce nationwide an alcoholic coffee
drink, Starbucks Coffee Liqueur, the New York Times reported.
http://msnbc.msn.com/id/6986467/
Ex-WorldCom finance chief admits wrongdoing
The former chief financial officer of WorldCom testified Thursday that his
desire to meet Wall Street projections overtook his obligation to follow the
law.
http://msnbc.msn.com/id/6929600/
Scrushy lawyers seek to discredit witness
Richard Scrushy's lawyers on Thursday try to discredit the testimony of Leif
Murphy, a former HealthSouth executive.
http://msnbc.msn.com/id/6988369/
Wal-Mart posts higher-than-expected profit
Wal-Mart on Thursday posted a 16.2 percent increase in profits for its fourth
quarter, beating Wall Street expectations. Its earnings for the full year
topped $10 billion for the first time.
http://msnbc.msn.com/id/6986403/
Hollywood wants Blockbuster bid rejected
Hollywood Entertainment Corp. Thursday urged shareholders to reject a takeover
bid by rival Blockbuster Inc., describing the offer as inadequate, according to
a letter to shareholders.
http://msnbc.msn.com/id/6988380/
Global economic recovery seen gathering speed
Global economic growth is poised to gain momentum, the Organization for
Economic Cooperation and Development said Thursday.
http://msnbc.msn.com/id/6986404/
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