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Today's Business Headlines - Market Close from MSNBC.com
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Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Upbeat data ignite a blue-chip rally
Blue-chip stocks pushed higher Tuesday, as investors sifted through a horde of fresh
economic data showing record growth in housing starts, strength in the manufacturing
sector and an unexpected tumble in November U.S. consumer prices.
http://msnbc.msn.com/id/3683270/
CalPERS sues NYSE for trading fraud
CalPERS, the biggest U.S. pension fund, filed a lawsuit against the New York Stock
Exchange and seven of the Big Board's specialist trading firms, according to the
Calpers Web site Tuesday.
http://msnbc.msn.com/id/3729861/
Halliburton units file for bankruptcy
Halliburton Co. Tuesday said its Kellogg Brown & Root and DII Industries units filed
for Chapter 11 bankruptcy protection in a Pittsburgh court to resolve asbestos claims
against the company.
http://msnbc.msn.com/id/3730117/
Consumer prices dip
Consumer prices slid, industrial production surged and housing construction sizzled in
November, signs that the economic recovery is powering ahead without unwanted
inflation.
http://msnbc.msn.com/id/3727404/
Arch rivals: Glaxo vs. Pfizer
With the average drug costing some $800 million to bring to market, both Pfizer and
Glaxo have found that good science is not enough any more. Aggressive marketing and
deep pockets are needed to compete in Big Pharma these days. By CNBC's Mike Huckman.
http://msnbc.msn.com/id/3721062/
Survey: More firms to add staff
http://msnbc.msn.com/id/3726176/
Daimler suit comes to screeching halt
A federal judge ordered a recess Tuesday in billionaire Kirk Kerkorian's suit against
DaimlerChrysler after the automaker's lawyers turned over documents at the last minute
that could be favorable to Kerkorian.
http://msnbc.msn.com/id/3685578/
Motorola taps ex-Sun exec Zander as CEO
Motorola Inc. on Tuesday officially ended three generations of leadership under the
founding Galvin family, naming former Sun Microsystems Inc. President Edward Zander
as its chairman and chief executive.
http://msnbc.msn.com/id/3726159/
Foreign trade deficit falls slightly
The deficit in the nation's broadest measure of foreign trade fell slightly to $135.04
billion this summer after setting an all-time high in the spring, the Commerce
Department said Tuesday.
http://msnbc.msn.com/id/3727640/
FTC warns of envelope-stuffing rip-offs
The government is warning people about rip-off artists who claim they will pay big
bucks for stuffing envelopes at home.
http://msnbc.msn.com/id/3728296/
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