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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 11048.72 -199.15
NASDAQ: 2169.62 -49.79
S&P 500: 1265.29 -22.93
AMEX: 1950.95 -26.49
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stock close down big on Bernanke remarks
Inflation fears sent stocks plunging Monday as jitters over high oil prices
exacerbated signals that the Federal Reserve will keep lifting interest rates
to contain price increases.
http://msnbc.msn.com/id/3683270/
World airlines to post $3 billion loss in 2006
Soaring oil prices will mean losses of $3 billion for global airlines this
year, industry lobby group IATA said on Monday, raising its forecast from $2.2
billion as fuel woes outpace cost-cutting efforts.
http://msnbc.msn.com/id/13142867/
Oil prices rise to $73 a barrel
Oil prices rose Monday after Iranâ?Ts supreme leader threatened over the
weekend to disrupt global supplies if the West punishes Tehran over its nuclear
program.
http://msnbc.msn.com/id/12400801/
Bored at pump? Try Gas Station TV
TV seems to be everywhere these days. At the supermarket, the mall, and now,
thanks to a Michigan-based startup company, the gas pump.
http://msnbc.msn.com/id/13149971/
Giant commercial landlords to merge
Brookfield Properties said it will acquire Trizec Properties and its Canadian
arm for $4.8 billion in a deal that would pair two of North Americaâ?Ts largest
commercial real estate companies.
http://msnbc.msn.com/id/13150215/
Service sector grows in May, but at slower pace
The service sector of the U.S. economy expanded in May, but at a slower pace
than in April, a private survey of supply managers said on Monday.
http://msnbc.msn.com/id/13147409/
Supreme Court limits racketeering suits
The Supreme Court on Monday limited the use of civil anti-racketeering laws by
companies seeking damages for allegedly illegal acts by their competitors.
http://msnbc.msn.com/id/13149109/
Parmalat fraud proceedings open
Two and a half years after the $18 billion collapse of the Parmalat dairy
company, officials in Parma launched Italy's main criminal proceedings Monday
aimed at proving fraud in Europe's largest corporate failure.
http://msnbc.msn.com/id/13142884/
George Clooney-backed condo project sold
The site of a proposed $3 billion hotel, condominium and casino complex backed
by George Clooney has been sold to a competitor, the latest in a series of
high-rise projects here that have been scrapped before groundbreaking.
http://msnbc.msn.com/id/13146745/
DaimlerChrysler to stop making diesel Liberty
Less than a week after announcing the first diesel-powered full-size SUV in the
U.S., DaimlerChrysler said it is halting production of the diesel version of
its small Jeep Liberty.
http://msnbc.msn.com/id/13148359/
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