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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10846.29 -166.89
NASDAQ: 2054.11 -36.13
S&P 500: 1242.29 -16.31
AMEX: 1899.88 -22.23
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Soaring oil, Mideast unrest slam stocks
Stocks retreated sharply for a second straight session Thursday, finishing with
a triple-digit loss, as fighting in the Middle East between Israel and
Hezbollah drove the price of crude oil to a new record high.
http://msnbc.msn.com/id/3683270/
Oil prices settle at new record high
Oil prices settled at a new high of $76.70 a barrel Thursday in a response to
escalating violence in the Middle East.
http://msnbc.msn.com/id/12400801/
Intel to cut 1,000 management jobs
Intel Corp. says it plans to cut 1,000 management jobs in an effort to save
money and make its operations more efficient.
http://msnbc.msn.com/id/13843384/
Gabelli, others settle for $130 million
Prominent U.S. investor Mario Gabelli and 38 affiliates agreed to pay $130
million to settle civil charges accusing them of fraudulently bidding in
wireless spectrum license auctions.
http://msnbc.msn.com/id/13844976/
Weak auto industry drives up jobless claims
New applications for U.S. unemployment benefits jumped by 19,000 last week on
the back of the traditional summer shutdown at automobile plants, according to
government data released on Thursday.
http://msnbc.msn.com/id/13839625/
Is the trusty minivan about to hit the dust?
Often maligned for a seriously un-hip image, the minivan has been the vehicle
of choice for suburban American families for decades. But the segment is under
serious threat from a new wave of â?~crossoverâ?T vehicles. By MSNBC.comâ?Ts
Roland Jones.
http://msnbc.msn.com/id/13815251/
Mortgage rates decline slightly
Rates on 30-year mortgages declined this week for the first time in five weeks
amid expectations that the Federal Reserve wonâ?Tt push interest rates much
higher.
http://msnbc.msn.com/id/7148582/
Washington Mutual cuts 900 jobs
Washington Mutual Inc. said Thursday it is cutting another 900 jobs to save
money, and outsourcing some of that work.
http://msnbc.msn.com/id/13843927/
Dell to simplify pricing structure
Dell Inc. outlined plans to simplify pricing and reduce the number of mail-in
rebates for consumers and small business as part of the computer makerâ?Ts
recent initiative to improve customer service.
http://msnbc.msn.com/id/13843255/
Ghosn sees advantages of GM alliance
Carlos Ghosn, CEO of Renault and Nissan, said a proposed alliance with General
Motors Corp. offers a â?ogreat opportunityâ? for his two companies and should
be cemented by their acquisition of a stake in the U.S. automaker.
http://msnbc.msn.com/id/13841008/
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