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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10434.87 -84.71
NASDAQ: 2128.91 -8.34
S&P 500: 1209.59 -8.00
AMEX: 1618.68 +7.61
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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New oil record sinks stocks
Stocks turned sharply lower late Wednesday after crude oil futures set yet
another record and a mix of data provided conflicting views on the economy.
http://msnbc.msn.com/id/3683270/
New-home sales rose to record in July
Sales of new U.S. homes jumped 6.5 percent to a record high in July, defying
economists' expectations for a decline, as purchases soared in the Northeast
and West and median prices dropped, a government report showed on Wednesday.
http://msnbc.msn.com/id/9064151/
Playboy to hit Internet with digital edition
Playboy magazine, losing money in the face of depressed advertising, will go
digital later this year in hopes of winning new subscribers and advertisers.
http://msnbc.msn.com/id/9066945/
Motor scooters gain in popularity
Gasoline pushing $3 gallon? Why worry? Buy a motor scooter like thousands of
other Americans and stretch that single gallon of gas a week or more.
http://msnbc.msn.com/id/9041933/
Hawaii caps gas prices well below current levels
The state Public Utilities Commission on Wednesday released its list of caps on
the wholesale price of gasoline, with the price in Honolulu at just under
$2.16, setting the stage for gas prices in Hawaii, the highest in the nation,
to dramatically fall.
http://msnbc.msn.com/id/9067364/
Oil prices soar to record high
Oil prices rose to a new high above $67 a barrel Wednesday on concerns about a
storm that could enter the Gulf of Mexico later this week and a U.S. government
report that showed a decline in domestic gasoline inventories.
http://msnbc.msn.com/id/5612507/
Former Hewlett-Packard CEO lands book deal
Carly Fiorina, the Hewlett-Packard Co. CEO deposed last winter for failing to
deliver enough benefits from the company's acquisition of Compaq Computer
Corp., is writing a book about her career.
http://msnbc.msn.com/id/9066139/
Durable-goods orders fall sharply
Orders to U.S. factories for costly manufactured goods fell in July by the
largest amount in 18 months, underscoring the occasionally erratic pace of
recovery from the 2001 recession in the manufacturing sector.
http://msnbc.msn.com/id/9063207/
Ford to soon announce turnaround plan
DETROIT (Reuters) - Ford Motor Co. <F.N> will soon announce a new restructuring
plan to return its key North American vehicle operations to profitability,
Chairman and Chief Executive Bill Ford Jr. said on Tuesday.
http://msnbc.msn.com/id/9060176/
Goldman Sachs to build near Ground Zero
Goldman Sachs Group Inc. agreed to build a $2 billion world headquarters near
the World Trade Center site.
http://msnbc.msn.com/id/9064190/
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