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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10928.10 -83.32
NASDAQ: 2039.42 -41.29
S&P 500: 1249.13 -10.68
AMEX: 1897.54 -14.00
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks slide as investors mull earnings
Wall Street retreated Thursday, as a round of mixed earnings news prompted
investors to take profits from a sharp rally in the prior session. A
disappointing forecast from Intel Corp. weighed on the Nasdaq composite index.
http://msnbc.msn.com/id/3683270/
Worst American cars of 2006
American carmakers such as Corvettes and Cadillacs are popularly known as the
best vehicles ever built, but a lot of vehicles made and sold in the U.S.
leave a lot to be desired in terms of safety, efficiency and reliability.
http://msnbc.msn.com/id/13939015/
Toyota promises to raise vehicle quality
Toyota Motor Corp., plagued with a rise in vehicle recalls and facing a legal
probe into past recall practice, vowed on Thursday to step up quality efforts,
saying this was imperative to ensure continued growth.
http://msnbc.msn.com/id/13953387/
Mortgage rates hit four-year high
Rates on 30-year mortgages rose this week to the highest level since the spring
of 2002.
http://msnbc.msn.com/id/7148582/
Big decline in jobless claims
The number of Americans filing new claims for unemployment benefits posted a
big decline last week, reflecting fewer layoffs in the auto industry.
http://msnbc.msn.com/id/13952071/
Ford lost $123 million in second quarter
Ford Motor Co. said Thursday that it lost $123 million in the second quarter
due to slumping sales and the cost of shedding personnel. The nationâ?Ts
second-biggest automaker said it would cut production more than previously
planned this quarter and pledged to accelerate its restructuring effort.
http://msnbc.msn.com/id/13949638/
Marriott to go smoke-free in North America
Hotel operator Marriott International Inc. has decided to make all of its
hotels in the United States and Canada smoke-free starting in September.
http://msnbc.msn.com/id/13949932/
China's economy is sizzling
China witnessed the fastest economic growth in a decade and warned that booming
construction and bank loans could fuel inflation, raising expectations that
Beijing might boost interest rates and possibly the value of its currency.
http://msnbc.msn.com/id/13920456/
Lay had two heart attacks before death
Enron Corp. founder Kenneth Lay had three severely clogged arteries and had
experienced at least two heart attacks before he died, according to autopsy
results.
http://msnbc.msn.com/id/13943001/
Judge overturns Wal-Mart law
A federal judge overturned a Maryland law that would have required Wal-Mart to
spend at least 8 percent of its payroll on health care. The bill was passed on
order to stem rising Medicaid costs.
http://msnbc.msn.com/id/13939275/
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