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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 11013.18 -121.59
NASDAQ: 2090.24 -38.62
S&P 500: 1258.60 -13.92
AMEX: 1922.11 -14.74
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks slump after oil inventory report
Stocks fell sharply Wednesday, as investors sold shares following a drop in oil
inventories that raised Wall Streetâ?Ts concerns about higher oil prices and
rising inflation.
http://msnbc.msn.com/id/3683270/
Fraud sentence rejected as too short
A federal appeals court said the seven-day prison term given an architect of
the $2.7 billion fraud at HealthSouth Corp. was â?oshockingly shortâ? and
ordered another sentencing before a new judge.
http://msnbc.msn.com/id/13831513/
Best home-remodeling investments
>From bathrooms to basements, the home improvements that are the best
>investments.
http://msnbc.msn.com/id/13829458/
Microsoft: EU fine unjust
The EU fined Microsoft Corp. $357 million on Wednesday and threatened more
penalties, saying the company failed to obey a 2004 antitrust order to share
technical information that would allow rivalsâ?T software to communicate better
with Windows.
http://msnbc.msn.com/id/13825154/
Chinese automaker plans U.S. assembly plant
Chinaâ?Ts oldest carmaker plans to build an assembly plant in southern Oklahoma
to help revive a historic English automotive brand â?" the MG.
http://msnbc.msn.com/id/13826030/
Google insiders take the money and stay
Google executives have reaped eye-popping sums from selling some stock
holdings. But they're not bailing outâ?"just getting rich.
http://msnbc.msn.com/id/13829999/
U.K. legislators fight bankersâ?T extradition
Prime Minister Tony Blair defended an extradition treaty with the United States
shortly before lawmakers began an emergency debate on the issue Wednesday, as
three British bankers prepared to be sent to Texas to face Enron-related fraud
charges.
http://msnbc.msn.com/id/13827962/
Ex-President Bush attends Lay memorial
Former President George Bush and his wife, Barbara, were among the mourners
Wednesday at a memorial service in Houston for Enron founder Kenneth Lay.
http://msnbc.msn.com/id/13829798/
Americaâ?Ts trade deficit widens in May
Americaâ?Ts trade deficit rose in May as the price of imported oil jumped by
the largest amount since 1990 in the run-up to the first U.S.-Iraq war.
http://msnbc.msn.com/id/13826182/
Ultimate fighting rebuilds after shaky start
The Las Vegas-based Ultimate Fighting Championship has been slowly bolstering
its brand, forging a successful relationship with cable network Spike TV and
reshaping attitudes about the violent sport.
http://msnbc.msn.com/id/13805359/
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