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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 11205.61 -214.28
NASDAQ: 2195.80 -33.33
S&P 500: 1270.32 -21.76
AMEX: 1934.78 -35.09
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Inflation concerns hammer Wall Street
Stocks plunged Wednesday, with the Dow Jones industrial average sliding 214
points and logging its worst one-day point drop since March 2003, after report
showing a stronger-than-expected rise in consumer prices intensified Wall
Streetâ?Ts fear that interest rates will keep climbing.
http://msnbc.msn.com/id/3683270/
Appeals court orders new Philip Morris trial
An appeals court has ordered a new trial for Altria Group Inc.â?Ts Philip
Morris unit after throwing out a $150 million jury verdict against the
cigarette maker that a trial judge had ruled was â?ogrossly excessive.â?
http://msnbc.msn.com/id/12838079/
Jury begins deliberations in Enron trial
A federal jury Wednesday began deliberating the fate of former Enron Corp.
chiefs Kenneth Lay and Jeffrey Skilling, accused of lying to investors and
employees before the collapse of the Houston-based energy giant in one of the
biggest corporate scandals ever.
http://msnbc.msn.com/id/12832473/
The most expensive summer music tickets
Once again the Material Girl is living up to her nickname. When her 15-week
tour kicks off Madonna will be asking her fans to shell out up to $375 a person
to watch her strut her stuff on stage.
http://msnbc.msn.com/id/12837679/
Judge extends U.S. oversight of Microsoft
A federal judge said Wednesday she will agree to extend by two years the U.S.
governmentâ?Ts oversight of some of Microsoft Corp.â?Ts business practices,
until at least November 2009.
http://msnbc.msn.com/id/12836214/
Energy costs push up April consumer prices
Consumer prices â?" propelled by higher gasoline, clothing medical care costs
â?" jumped sharply in April, stoking inflation fears and sending stocks
tumbling.
http://msnbc.msn.com/id/12830301/
Securities panel rules in favor of Exxon retirees
A securities-industry arbitration panel has awarded $22 million to a group of
Exxon Mobil Corp. retirees who accused brokerage firm Securities America Inc.
of improperly steering them into high-risk investments.
http://msnbc.msn.com/id/12838322/
UPS plans $1 billion expansion of main hub
UPS Inc. announced a $1 billion expansion at its main air hub Wednesday that
will add more than 5,000 jobs as the worldâ?Ts largest shipping carrier
anticipates strong growth in global commerce.
http://msnbc.msn.com/id/12835054/
Gambler hits jackpot with courtâ?Ts tax ruling
What Estelle Busch lost at the slot machines, she won with tax collectors.
http://msnbc.msn.com/id/12838639/
Oil below $69 after government supply report
Oil prices fell below $69 a barrel Wednesday after U.S. government data showed
the domestic supply of gasoline rising for the third straight week amid
stagnating demand.
http://msnbc.msn.com/id/12400801/
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