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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 11242.59 +42.66
NASDAQ: 2092.34 +13.53
S&P 500: 1280.27 +1.72
AMEX: 1993.44 -6.95
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Economic data, retail sales lift stocks
Mild economic data and strong retail sales lifted stocks Thursday and helped
investors overcome concerns about the Federal Reserve meeting on interest rates
next week.
http://msnbc.msn.com/id/3683270/
Warner Music reports third-quarter loss ebbing
Warner Music Group Corp., one of the nation's largest recording companies, said
Thursday its fiscal third-quarter loss narrowed thanks to higher revenue and
shrinking costs.
http://msnbc.msn.com/id/14169760/
Reports indicate economy thrives
Retailers scored solid sales and factories saw orders pick up, hopeful signs
the economy isn't cracking under the pressure of high energy prices.
http://msnbc.msn.com/id/14170432/
AOL to lay off up to 5,000 workers
AOL said Thursday it would drop as many as 5,000 employees, or a quarter of its
global work force, within six months as the company restructures its business
to draw more online advertising dollars.
http://msnbc.msn.com/id/14169456/
US Airways cuts NY-Boston fares
US Airways Group said Thursday it had lowered fares on its hourly shuttle
between New York and Boston, a route analysts say could see a low-fare battle
between US Airways and JetBlue Airways.
http://msnbc.msn.com/id/14169925/
Online gambling world watches U.S. case
When prosecutor Marty Woelfle went before a federal judge this week to lay out
her case against an online gambling firm, she faced a daunting legal challenge
from the company she was prosecuting: No one bothered to show up.
http://msnbc.msn.com/id/14171956/
Wal-Martâ?Ts Mexican unit plans to launch bank
The Mexican unit of Wal-Mart Stores Inc. has filed for a retail banking license
with local regulators, the latest retailer to enter the realm of financial
services in Mexico in recent years.
http://msnbc.msn.com/id/14171601/
Young homeowners often repair-challenged
With low interest rates allowing more young adults to buy property, many
inexperienced homeowners are desperate for advice when the furnace goes out or
the roof leaks.
http://msnbc.msn.com/id/14171265/
Ford recalling 1.2 million vehicles
Ford Motor Co., already reeling from business setbacks, recalled 1.2 million
trucks, sport utility vehicles and vans Thursday amid concerns about potential
engine fires.
http://msnbc.msn.com/id/14166291/
Fordâ?Ts loss balloons to $254 million
Ford Motor Co.â?Ts second-quarter loss more than doubled from what the No. 2
U.S. car maker previously reported because of higher-than-expected pension
costs. In a second piece of weak news, the company said its luxury car division
wonâ?Tt be profitable this year.
http://msnbc.msn.com/id/14165564/
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