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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
Dow: 9594.980469 +22.67
NASDAQ: 1893.459961 +12.89
S&P: 1034.349976 +4.50
AMEX: 1012.479980 +6.51
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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Stocks edge higher
Stocks were slightly higher Monday as investors traded cautiously after last week's
big gains and in advance of earnings reports later in the week. Volume was light due
to the Yom Kippur holiday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/158521.asp
Motorola plans to spin off chip unit
Motorola Inc. plans to make its semiconductor operations a separate, publicly traded
company, chairman and chief executive Christopher Galvin said Monday.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/976469.asp
Iraq names wireless winners
Iraq said Monday it had awarded three GSM mobile phone network licenses to consortia
led by an Egyptian and two Kuwaiti companies, ending months of speculation about which
technology would be chosen.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/976239.asp
Carrier cuts 1,200 factory jobs
Carrier Corp. is eliminating 1,200 manufacturing jobs at its suburban Syracuse
container refrigeration and compressor plant, saying it needs to shift production
closer to its key markets in Asia.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/976582.asp
News Corp. to hike pay for directors
News Corporation, the U.S. media group led by Rupert Murdoch, is planning a
near-threefold increase in payments to non-executive directors.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/976455.asp
GM: Fuel-cell cars will pass hybrids
Less than a week after its biggest Japanese rival touted the economic and ecological
benefits of hybrids, General Motors made a case of its own on Monday: Only
hydrogen-fuelled cars will survive in the endgame.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/976457.asp
Couche-Tard to purchase Circle K
Alimentation Couche-Tard Inc. expanded its U.S. presence Monday by signing an
agreement with ConocoPhillips to acquire convenience store chain The Circle K Corp.
for $830 million.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/976508.asp
UPS cuts delivery time by a day
UPS Monday said it cut by one day the time it needs to ship packages by ground on
about 60 routes, spanning about 20 U.S. metropolitan areas.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/976512.asp
High court rejects tobacco settlement
The Supreme Court on Monday threw out an $80 million verdict against cigarette-maker
Philip Morris.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/976510.asp
Calif. consumers OK to sue AT&T
California consumers can sue AT&T to resolve billing disputes instead of having
matters decided by an arbitrator after the U.S. Supreme Court refused Monday to hear
the company's appeal.
http://www.msnbc.com/modules/exports/ct_infobeatBIZ1.asp?/news/976505.asp
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