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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10503.68 -19.88
NASDAQ: 2061.62 +4.97
S&P 500: 1194.07 +0.21
AMEX: 1465.79 +4.53
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks finish mixed after Fed�?Ts minutes
Wall Street finished Tuesday�?Ts lackluster session narrowly mixed, after the
Federal Reserve said there are risks of inflation or an economic slowdown, but
also said those pressures remain in check.
http://msnbc.msn.com/id/3683270/
Existing home sales surged in April
Sales of existing homes rose 4.5 percent in April to the highest sales pace on
record as low mortgage rates continued to fuel a housing boom, a national trade
group reported Tuesday.
http://msnbc.msn.com/id/7964489/
Sex appeal: Best-selling cars by gender
What are the best selling vehicles among men and women? Forbes.com breaks down
the data.
http://msnbc.msn.com/id/7965948/
Northwest to cut half of mechanics' jobs
Northwest Airlines Corp. has proposed firing 2,031, or nearly half of its
mechanics, in a bid to save $176 million a year, their union said in a document
posted in its Web site on Monday.
http://msnbc.msn.com/id/7962836/
OECD cuts 2005 global growth forecast
The OECD cut its forecast for 2005 economic growth in the industrialized world
to 2.6 percent from 2.9 percent Tuesday, blaming a slower-than-expected
recovery in Japan and yet another false start in Europe.
http://msnbc.msn.com/id/7966049/
Fed saw �?~upcreep�?T in inflation pressures
Policy-makers at the U.S. Federal Reserve noted �?oa discernible upcreep�?� in
inflation measures recently, which made them conclude risks from accelerating
prices were on the rise, minutes from their May 3 meeting showed.
http://msnbc.msn.com/id/7966782/
Boeing launches cargo version of 777
Boeing Co. announced the official launch of a long-range cargo version of its
popular twin-engine 777 jetliner on Tuesday, and said Air France had already
ordered five of the freighters with options to purchase three more.
http://msnbc.msn.com/id/7962814/
Buffett buys PacifiCorp for $9.4 billion
MidAmerican Energy Holdings, the largest utility in Iowa, is expanding into the
West, acquiring a six-state power company for $5.1 billion in cash and $4.3
billion in debt and preferred stock.
http://msnbc.msn.com/id/7962826/
Raytheon wins $3 billion Navy contract
The U.S. Navy has awarded Raytheon Co. a $3 billion (euro2.39 billion) contract
to develop radar, electronic and weapons systems for a new class of destroyers
envisioned as the high-tech future of the U.S. fleet.
http://msnbc.msn.com/id/7963348/
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