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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
Dow: 9,572.31 +84.51
NASDAQ: 1,880.57 +44.35
S&P: 1,029.85 +9.61
AMEX: 1,005.97 -1.05
Wall Street Watch: Complete coverage
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/COMTOPLEVELMARK_Front.asp
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Business
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Jobless data spur stocks
Wall Street extended its gains into a third day Friday as an encouraging employment
report reinforced investor hopes that the economy was recovering.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/158521.asp
U.S. jobless rate steady
The U.S. unemployment rate remained at 6.1 percent in September as companies increased
their payrolls for the first time in eight months, the government reported Friday. The
data were better than economists' forecasts.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/975375.asp
Report: Grasso pressured floor trader
Ousted New York Stock Exchange Chairman Dick Grasso pressured a floor-trading firm to
purchase more shares in American International Group Inc. after the insurer's chairman
complained to him, according to a newspaper report.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/975376.asp
U.S. service sector expands briskly
The U.S. services sector expanded for a sixth straight month in September, but
businesses started cutting jobs again, according to a report Friday that showed the
labor market's recovery will be slow.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/975439.asp
A post-Enron lexicon for Wall Street
Terms in Webster's New World Finance and Investment Dictionary like "sham" and
"gunslinger" reflect the tenor of the times.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/975589.asp
Tiger is finally going corporate
Star agrees to first business-to-business partnership
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/975400.asp
Green Hummer for Schwarzenegger?
Tai Robinson, a 28-year-old former ski racer, wants to be Arnold Schwarzenegger's
go-to guy when, or if, the California gubernatorial candidate keeps his campaign
promise to convert one of his Hummers to hydrogen.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/970117.asp
Bank One sues former employees
A unit of Bank One Corp. has filed a lawsuit alleging that five former employees took
confidential information on wealthy clients when they left for new jobs with Smith
Barney.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/975417.asp
Heinz jumps on low-carb bandwagon
H.J. Heinz Co. Friday said it would launch a low-carbohydrate version of its popular
ketchup, and other new products, as it aims to revitalize products and tap demand for
trendy foods.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/975411.asp
Answer Desk: Your guide to business
When is a recession not a recession? Why are interest rates so low? Who is Fannie Mae?
MSNBC.com's "Answer Desk" is your guide to business and the economy.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/762355.asp
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