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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10331.88 +79.59
NASDAQ: 2004.15 +9.72
S&P 500: 1173.80 +8.11
AMEX: 1437.20 +4.83
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks rally after Treasury warns China
Stocks turned higher in late trading Tuesday, erasing early losses and
finishing with solid gains, after the Treasury pressured China to overhaul its
currency system �?" a move that could help reduce the U.S. trade deficit.
http://msnbc.msn.com/id/3683270/
Toyota recalls more than 750,000 vehicles
Toyota Motor Corp. said Tuesday it is recalling more than 750,000 pickup trucks
and sport utility vehicles because of problems with the front suspension.
http://msnbc.msn.com/id/7887155/
Energy costs spur rise in wholesale prices
Wholesale prices rose by a hefty 0.6 percent in April while industrial
production dropped, the government said Tuesday in a pair of reports that
offered a mixed picture of the country�?Ts economic health.
http://msnbc.msn.com/id/7883483/
United gets 2-day break from bankruptcy court
A federal bankruptcy judge called a two-day recess Tuesday in United
Airlines�?T bankruptcy court trial, giving the carrier and its machinists�?T
union additional time to work out a new contract before he rules on imposing
lower pay and benefits unilaterally.
http://msnbc.msn.com/id/7831074/
Workers' mistakes led to fatal blast, BP says
BP PLC, one of the world's largest oil companies, said Tuesday that failures by
its staff led to the March explosion and fire that killed 15 workers and
injured more than 170 others.
http://msnbc.msn.com/id/7885815/
U.S. issues stern warning over China currency
The United States, in its toughest warning to Beijing yet, told China Tuesday
it will be named a manipulative trading partner unless it moves fast to make
its currency more flexible.
http://msnbc.msn.com/id/7886722/
Russian oil tycoon seen convicted
A Moscow court pronounced oil tycoon Mikhail Khodorkovsky guilty on all seven
counts in the politically charged case against him, the Russian news agency
Interfax reported Tuesday.
http://msnbc.msn.com/id/7871171/
Home Depot reports jump in profit
Home Depot Inc., the nation's largest home improvement store chain, reported a
more than 13 percent jump in first-quarter profit on solid gains in revenue,
though sales at stores open at least a year were up only modestly.
http://msnbc.msn.com/id/7882862/
H-P reports rise in profit and revenue
Hewlett-Packard Co. Tuesday posted a higher quarterly profit as the No. 2
computer maker saw revenue rise across all its businesses.
http://msnbc.msn.com/id/7887547/
Perelman wins case against Morgan Stanley
A jury that awarded billionaire financier Ron Perelman $604.3 million in
compensatory damages is preparing to mull his request for another $2 billion in
punitive damages from Morgan Stanley, which he accused of deceiving him about
Sunbeam Corp.�?Ts financial condition.
http://msnbc.msn.com/id/7874864/
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