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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10012.36 -115.05
NASDAQ: 1913.76 -18.60
S&P 500: 1137.50 -15.28
AMEX: 1437.25 -5.02
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Inflation fears drag stocks to a new 2005 low
Stocks skidded Wednesday, dragging the Dow Jones industrial average to a new
2005 low, as concern about falling fuel inventories and rising inflation
overshadowed a slew of quarterly reports, including better-than-expected
results from Caterpillar Inc. and Intel Corp.
http://msnbc.msn.com/id/3683270/
Bush signs tougher bankruptcy bill into law
President Bush signed the biggest rewrite of U.S. bankruptcy law in a quarter
century on Wednesday, making it harder for debt-ridden Americans to wipe out
their obligations.
http://msnbc.msn.com/id/7575010/
Bush urges Congress to pass energy bill
President Bush on Wednesday pushed Congress to pass a long-stalled energy bill
before its summer recess, but acknowledged there is nothing he can do to ease
rising gas prices in the short-term.
http://msnbc.msn.com/id/7574562/
Court won�?Tt rehear tobacco penalty ruling
A federal appeals court Wednesday refused to reconsider a recent ruling that
barred the government from seeking $280 billion in past profits from cigarette
makers as part of its civil racketeering case against the industry.
http://msnbc.msn.com/id/7573581/
US Airways, America West in merger talks
US Airways Group Inc. and America West are in advanced merger discussions to
create a national low-cost airline that would better compete with discount
rivals and match each other geographically, US Airways�?T chairman said.
http://msnbc.msn.com/id/7569266/
Energy costs may slow business growth
The pace of U.S. business activity continued to expand through early April, but
price pressures from rising energy costs have intensified in some areas, the
Federal Reserve said Wednesday.
http://msnbc.msn.com/id/7574675/
U.S. consumer prices up more than expected
Consumer prices jumped 0.6 percent in March, the biggest inflation surge in
five months, as the costs of energy, clothing and airline fares all rose
sharply.
http://msnbc.msn.com/id/7571465/
Are you ready for a hybrid?
First, pick a car that matches the kind of driving you do -- city or highway.
Here are the scouting reports on six eco-friendly vehicles.
http://msnbc.msn.com/id/7573849/
EBay profit rises, beats Wall Street target
Web marketplace eBay Inc. Wednesday posted a 28 percent rise in first-quarter
net profit, beating Wall Street estimates, but it set targets for future
quarters in line or below analysts' views.
http://msnbc.msn.com/id/7576089/
Caterpillar beats earnings estimates
Caterpillar Inc. on Wednesday said first-quarter profit climbed 38 percent as
sales of its heavy machinery and engines surged, and the company boosted its
revenue and profit expectations for the year.
http://msnbc.msn.com/id/7571668/
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