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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10685.89 +91.48
NASDAQ: 2174.55 +16.74
S&P 500: 1237.81 +8.68
AMEX: 1644.48 +3.95
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks rally despite soaring crude oil prices
Wall Street put aside its concerns about rising oil prices Thursday, giving
stocks a late-day rally as investors focused on generally positive economic
news.
http://msnbc.msn.com/id/3683270/
Sullivan gets five years for WorldCom fraud
Former WorldCom finance chief Scott Sullivan was sentenced to five years in
prison Thursday for his high-ranking role in the largest accounting fraud in
U.S. history.
http://msnbc.msn.com/id/8907976/
More pain at the pump coming this weekend
U.S. drivers, already paying the highest retail gasoline prices on record,
should expect further increases at the nations pumps due to skyrocketing costs
for crude oil and a flurry of recent refinery problems, the AAA motorists group
said Thursday.
http://msnbc.msn.com/id/8912403/
One-year ARMs at highest point in 3 years
Mortgage rates rose again this week with 30-year mortgages hitting their
highest level in four months and one-year adjustable rate mortgages rising to
the highest level in more than three years.
http://msnbc.msn.com/id/7148582/
Crude oil futures surge to $66 a barrel
Oil prices rose briefly to $66 a barrel Thursday on concerns about gasoline
supplies.
http://msnbc.msn.com/id/5612507/
Change is blowing for wind industry
Thanks to rising electric power costs in many parts of the world and
technological advances in the design and manufacture of wind turbines, wind
power is one of the few alternative energy sources that is becoming
economically competitive in its own right.
http://msnbc.msn.com/id/7549533/
Automobile sector lifts U.S. retail sales in July
Attractive sales incentives at auto dealerships boosted retail sales in July,
despite lackluster demand at department stores and a number of other retail
establishments.
http://msnbc.msn.com/id/8906043/
United, Delta, Continental raise U.S. fares
United Airlines, Delta Air Lines and Continental Airlines have raised fares on
most U.S. routes to try to mitigate the effect of rising fuel costs.
http://msnbc.msn.com/id/8914484/
Murdoch plans several more online acquisitions
Rupert Murdoch, the chairman and CEO News Corp., said Wednesday he plans to
make several more acquisitions of online businesses in the coming months as his
global media conglomerate makes the Internet a â?omajor partâ? of its future
growth.
http://msnbc.msn.com/id/8904909/
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