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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 11089.63 -51.70
NASDAQ: 2310.35 -22.92
S&P 500: 1286.57 -10.05
AMEX: 1936.18 -14.81
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Inflation fears send Wall Street tumbling
Stocks slumped Tuesday, as strength in the commodities market fed inflation
fears and dampened investorsâ?T enthusiasm over upbeat first-quarter earnings
from Dow Jones industrial Alcoa Inc.
http://msnbc.msn.com/id/3683270/
Further surge in gas prices expected
With the summer driving season still more than a month away, gasoline prices
have already started their seasonal climb, jumping 15 percent in the past six
weeks alone. But itâ?Ts a safe bet that the surge in pump prices isnâ?Tt over,
analysts say.
http://msnbc.msn.com/id/12265103/
Housing market expected to cool in 2006
U.S. home sales and prices will likely cool in the coming quarters, according
to the National Association of Realtors.
http://msnbc.msn.com/id/12269915/
Ford recalling nearly 20,000 Mustang Cobras
Ford Motor Co. said Tuesday that it was recalling nearly 20,000 Mustang Cobra
sports cars after receiving complaints that the back of the accelerator pedal
could become caught in the floor carpeting and lead to a crash.
http://msnbc.msn.com/id/12270265/
Nasdaq buys 15 percent stake in LSE
The Nasdaq Stock Market Inc. said Tuesday it has acquired a stake of nearly 15
percent in the London Stock Exchange.
http://msnbc.msn.com/id/12269620/
J.C. Penney teams up with Sephora
In a bid to lure young female customers, J.C. Penney Co. said Tuesday it will
open Sephora stores within its department stores starting this fall, under an
agreement with the high-end cosmetics retailer.
http://msnbc.msn.com/id/12270549/
Enronâ?Ts Skilling denies running conspiracy
Former Enron Corp. Chief Executive Jeffrey Skilling testified in his fraud and
conspiracy trial Tuesday that he didnâ?Tt spearhead a conspiracy to lie about
the companyâ?Ts strength and that prosecution witnesses lied when they said he
was part of any such scheme.
http://msnbc.msn.com/id/12266999/
Can Uncle Sam tax your income twice?
Can the government tax your income twice? Why are diesel prices higher than gas
prices? Herb Weisbaum answers these and other questions in his weekly 'Ask the
ConsumerMan' column on MSNBC.com.
http://msnbc.msn.com/id/12255746/
Wal-Mart opens books on labor diversity
Wal-Mart has opened its books to show exactly how many women and minorities it
employs in the United States, the first time it has released the data.
http://msnbc.msn.com/id/12271102/
IRS asks PayPal for help with tax evaders
The Internal Revenue Service won approval from a federal court to ask PayPal to
turn over information about people who might be evading taxes by hiding income
in other countries, officials said Tuesday.
http://msnbc.msn.com/id/12271272/
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