4.28.2005

Another Shiny-Happy day in MSNBC Businessland....

As discussed before I recieve an email from MSNBC daily going over the top business stories of the day. There are 10 stories - today was a great day in business - 8 were negative and several were again avout lawsuits and corruption.

Is is not obvious why the business community is turning to the Democratic Party? Where were these headlines pre-Nov 2? We all knew where it was going...

Here is a sample:

Stocks lower after downbeat GDP data
Stocks fell sharply Thursday despite robust earnings from big industrial companies as first-quarter economic growth came in below expectations, raising yet more questions about the strength of the economy.
http://msnbc.msn.com/id/3683270/

Economy grows at slowest pace in two years
Buffeted by rising energy prices and weakened consumer and business spending, the economy grew at an annual rate of just 3.1 percent in the first quarter, the slowest pace of expansion in two years.
http://msnbc.msn.com/id/7665920/

Mortgage rates drop for 4th straight week
Rates on 30-year mortgages fell for a fourth consecutive week as more evidence of an economic slowdown eased concerns among bond investors about inflation.
http://msnbc.msn.com/id/7148582/

Work-related accidents kill 2 million a year
Work-related accidents and illness kill more than two million people a year and are rising in some developing countries including China and Brazil, the International Labor Organization (ILO) said.
http://msnbc.msn.com/id/7667459/

Kerkorian appeals DaimlerChrysler ruling
Billionaire investor Kirk Kerkorian on Thursday appealed a federal judge's rejection of his claims that he was defrauded in the 1998 merger of DaimlerBenz and Chrysler Corp.
http://msnbc.msn.com/id/7668789/

Tyson Foods to pay $1.5 million fine
Tyson Foods Inc. agreed Thursday to pay a $1.5 million civil fine to settle federal regulators' charges that it failed to fully disclose lavish perks provided to former chairman Don Tyson, including $38,000 in oriental rugs and antiques, and the use of houses in England and Mexico.
http://msnbc.msn.com/id/7669650/

Former Charter official implicates Paul Allen
A former Charter Communications Inc. executive sentenced last week to probation in a plot to dupe investors through fraudulent cable television disconnect practices said in a court document that Charter Chairman Paul Allen was aware of the scheme.
http://msnbc.msn.com/id/7668808/

Spitzer probes claims of race bias at banks
New York Attorney General Eliot Spitzer is questioning some of the nationĂ¢?Ts biggest banks in an investigation of potential discriminatory practices in setting mortgage rates and fees.
http://msnbc.msn.com/id/7667799/

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