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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10766.23 -75.37
NASDAQ: 2051.72 -13.68
S&P 500: 1203.60 -7.77
AMEX: 1509.44 -7.04
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Inflation concerns weigh on Wall Street
Fresh concerns about higher prices and inflation sent stocks sliding in a
seesaw session Monday, as many investors opted to take profits from last
week�?Ts three-day rally. Turmoil in the pharmaceutical sector also pressured
the market.
http://msnbc.msn.com/id/3683270/
U.S. workers more dissatisfied with jobs
U.S. workers, pushed to produce more and uneasy about new technology and other
changes, are markedly less satisfied with their jobs than a decade ago, a new
survey says.
http://msnbc.msn.com/id/7045772/
NBS: What's next for Martha Stewart?
Hers may be the most anticipated comeback since Elvis.� Martha Stewart,
convicted felon, is now seeking to shed that title and reclaim her status as
domestic icon. By NBC New's Anne Thompson.
http://msnbc.msn.com/id/7046756/
Ex-WorldCom CEO denies role in fraud
Former WorldCom Inc. Chief Executive Bernard Ebbers took the witness stand in
his criminal trial Monday and flatly denied playing any role in the $11 billion
accounting fraud at the telecommunications company.
http://msnbc.msn.com/id/7032493/
Judge OKs $107.6 million DuPont settlement
A judge on Monday approved a $107.6 million settlement of a lawsuit against
DuPont Co. over alleged water poisoning.
http://msnbc.msn.com/id/7047037/
Federated to buy May for $11 billion
Federated Department Stores Inc. is buying rival May Department Stores Co. for
$11 billion in cash and stock in a deal that would create a powerhouse better
able to compete against discount giant Wal-Mart Stores Inc. at one end of the
retailing spectrum and specialty stores and other upscale merchants at the
higher end.
http://msnbc.msn.com/id/7042048/
Entrepreneur accused of biggest-ever tax scam
The Justice Department today filed its biggest personal tax evasion case ever,
accusing the man who once tried to rescue the Russian space station Mir, Walter
Anderson, of failing to pay more than $200 million in personal income taxes by
stashing income in offshore bank accounts.
http://msnbc.msn.com/id/7046153/
Psst! Wanna buy an Oscar?
Last night a triumphant Jamie Foxx walked away with the Best Actor Oscar for
his portrayal of the late Ray Charles in "ray." Today the statuette most likely
rests on his mantle. But what if someday he wanted to -- or worse, needed to --
sell it. How much could he get?
http://msnbc.msn.com/id/7046124/
Oil prices hover above $51 a barrel
Crude prices edged up Monday, extending their recent rise above $51 a barrel
amid concerns about continuing cold weather in the U.S. Northeast and the
possibility that OPEC will cut production in March.
http://msnbc.msn.com/id/5612507/
Sales of new homes fall sharply
Sales of new homes fell 9.2 percent in January while the median price of a new
home skidded to the lowest level in more than a year. Analysts blamed the
results on bad weather in many parts of the country.
http://msnbc.msn.com/id/7044977/
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