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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10597.44 -85.50
NASDAQ: 2171.75 -11.08
S&P 500: 1231.20 -9.36
AMEX: 1690.33 -10.59
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks slump amid concerns about consumers
Disappointing earnings from electronics retailer Best Buy Co. Inc. sent stocks
sharply lower Tuesday, as investors feared a slowdown in consumer spending
heading into the holiday season. A rise in oil prices also pressured the market.
http://msnbc.msn.com/id/3683270/
Katrina to boost home demand, prices
Hurricane Katrina will have long-term consequences for the housing market and
economy, boosting both home prices and construction costs as rebuilding gets
underway, a trade group said on Tuesday.
http://msnbc.msn.com/id/9326272/
Small cars in focus as gas prices rise
With high gas prices forcing consumers to fork over fistfuls of euros, dollars
and yen to power their cars, automakers see an opportunity not only to produce
more fuel-efficient cars, but grab important market share in the process.
http://msnbc.msn.com/id/9325638/
Donald Trump on losing end in land auction
This was one deal The Donald could not make. The worldâ?Ts most famous real
estate developer bid $25 million Tuesday for the 2.5 acres of beachfront
property in Atlantic City where the Trump Worldâ?Ts Fair Casino once stood. The
winning bid was $25.15 million.
http://msnbc.msn.com/id/9327519/
Virgin's Branson plans oil refinery
Think you are upset about high gas prices? Maverick British entrepreneur
Richard Branson is so furious he wants to build his own oil refinery.
http://msnbc.msn.com/id/9328494/
Northwest shares plunge on bankruptcy report
Shares of Northwest Airlines plunged 58 percent on Tuesday following a press
report that the No. 4 U.S. carrier could file for Chapter 11 bankruptcy
protection as early as Wednesday.
http://msnbc.msn.com/id/9328821/
Workers may bear more health-care costs in â?T06
The nationâ?Ts employers are struggling with close to double-digit increases in
health care costs in 2006, and consequently will be shifting more of that
burden to their employees, according to a new survey of more than 1,800 firms.
http://msnbc.msn.com/id/9327795/
U.S. trade deficit narrows slightly
The U.S. trade deficit declined slightly in July even though oil imports
climbed to an all-time high.
http://msnbc.msn.com/id/9324078/
Katrina pushing up prices across the board
Expect higher prices on everything from bananas to crabs -- assuming you can
get them -- thanks to the blow Hurricane Katrina has dealt the nation's
transportation, agriculture and fishing industries.
http://msnbc.msn.com/id/9314604/
Bush officials fret about natural gas shortages
Senior Bush administration officials touring the Gulf Coast area devastated by
Hurricane Katrina expressed concern Tuesday about possible shortages of natural
gas, saying that the regionâ?Ts production may not recover for months.
http://msnbc.msn.com/id/9311649/
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