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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10414.13 +128.87
NASDAQ: 2091.24 +35.24
S&P 500: 1195.76 +17.62
AMEX: 1616.03 +15.76
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Wall Street rallies as crude oil prices pull back
Stocks reversed their early losses and mounted a late-day rally Wednesday,
pushing the Dow industrials up over 125 points, after a sharp drop in oil
prices and a reassuring assessment of the economy overcame investorsâ?T
disappointment over Intel Corp.â?Ts earnings and troubling sales forecasts.
http://msnbc.msn.com/id/3683270/
Oil guru says crude could hit $190 this winter
Consumers should brace for crude oil and natural gas prices possibly doubling
or tripling this winter, Matthew Simmons, a best-selling author and oil-supply
bear, said on Wednesday.
http://msnbc.msn.com/id/9753233/
Economic activity good across country
Many parts of the country managed to log decent economic activity in September
and early October even amid the soaring energy prices and other repercussions
from hurricanes Katrina and Rita.
http://msnbc.msn.com/id/9753034/
New home construction hits seven-month high
Housing construction unexpectedly rose in September to the highest level in
seven months, defying expectations of a slowdown in the booming housing market.
http://msnbc.msn.com/id/9749686/
Starbucks, Jim Beam to launch second liqueur
Starbucks Corp. and Fortune Brands Inc.'s Jim Beam distilled spirits unit are
bringing out a second product in their jointly developed line of liqueurs, the
companies said Wednesday.
http://msnbc.msn.com/id/9753224/
WP: Experts see a holiday season of discounts
With millions of Americans feeling pinched by higher gas prices and worried
about soaring home heating bills this winter, retail experts say, stores are
planning to lure shoppers with low prices right from the start of this holiday
shopping season.
http://msnbc.msn.com/id/9749108/
AOL laying off more than 700 employees
America Online is laying off more than 700 employees, primarily in
member-services call centers, in response to the ongoing decline in subscribers
for its dial-up Internet-access services.
http://msnbc.msn.com/id/9751839/
Toyota recalling some Scion tC models
Toyota Motor Corp. is recalling some models of the Scion tC amid reports that a
glass wind deflector, located near the moonroof, may shatter when struck by
road debris.
http://msnbc.msn.com/id/9752440/
Mass transit systems hurt by rising fuel costs
Mass transit systems nationwide are considering cutting service, laying off
staff, raising fares and delaying capital spending to meet rising diesel fuel
prices. The spike at the pumps could cost public transportation systems as much
as $750 million more a year.
http://msnbc.msn.com/id/9751098/
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