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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10281.11 -103.23
NASDAQ: 1962.77 -16.90
S&P 500: 1166.22 -12.62
AMEX: 1466.80 -4.34
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks slump amid fears of fund losses
Stock indexes slumped Tuesday, as rumors swirled around Wall Street that hedge
funds may be facing large losses because of their investments in troubled
automaker General Motors. Volatile crude oil prices also weighed on stocks.
http://msnbc.msn.com/id/3683270/
Oil prices rise above $52 a barrel
Crude futures climbed Tuesday on speculation that demand will outstrip supply,
as a major OPEC producer said the cartel may not be able to pump enough oil to
meet consumption needs for the remainder of 2005.
http://msnbc.msn.com/id/5612507/
Delta's liquidity struggle raises bankruptcy fear
Delta Air Lines Inc., the No. 3 U.S. airline, said cash flow from operations
will not be enough to meet liquidity needs this year, raising new alarms the
airline could have to file for bankruptcy in the next few months.
http://msnbc.msn.com/id/7803628/
United heads to bankruptcy court over pensions
An overflow crowd of current and former United Airlines workers turned up at
downtown bankruptcy court Tuesday, delaying a courtroom showdown between the
carrier and its labor unions over its most radical attempt yet to slash costs.
http://msnbc.msn.com/id/7804770/
Halliburton gets $72 million in bonuses
The U.S. Army said on Tuesday it had awarded $72 million in bonuses to
Halliburton Co. for logistics work in Iraq but had not decided whether to give
the Texas company bonuses for disputed dining services to troops.
http://msnbc.msn.com/id/7806065/
GM recalls 305,000 SUVs over turn signals
General Motors Corp. is recalling 305,729 sport utility vehicles, including the
Chevrolet TrailBlazer, to fix a faulty turn signal that can flash like a hazard
warning light.
http://msnbc.msn.com/id/7804786/
Participation rises in 401(k) accounts
More workers are contributing to 401(k) retirement accounts, but many are still
too heavily invested in their own company's stock, according to a national
survey released Tuesday by Hewitt Associates Inc.
http://msnbc.msn.com/id/7801488/
Woman arraigned in Wendy�?Ts finger case
A woman arrested after saying she found a finger in a bowl of Wendy�?Ts chili
was arraigned on Monday in a case that has cost the third largest U.S.
hamburger chain millions in lost sales.
http://msnbc.msn.com/id/7636874/
Nevada brothels want to be good neighbor
Nevada's legal brothels are feeling like the wife who slips into her sexiest
negligee and still can't get her husband to put the newspaper down.
http://msnbc.msn.com/id/7805733/
AIG probe may point to current officials
Those involved in American International Group Inc. accounting probes believe
knowledge of and participation in questionable adjustments extend beyond two of
the insurance giant�?Ts former senior executives, the Wall Street Journal
reported on Tuesday.
http://msnbc.msn.com/id/7802746/
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