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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10278.22 +30.14
NASDAQ: 1951.02 -5.16
S&P 500: 1088.66 -0.52
AMEX: 1144.28 +1.43
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Blue-chip stocks post fourth winning day
The Dow Jones industrials rose for a fourth straight session Friday, as investors
weighed optimism for a strong economic rebound in 2004 against concerns that stock
prices are getting a bit expensive.
http://msnbc.msn.com/id/3683270/
Battle of the brands: Coke vs. Pepsi
In the Great American Cola Wars, Coke is targeting international growth, while Pepsi
is growing its snack business. And both are going head-to-head in the rapidly
expanding bottled-water business. By CNBC's Tom Costello.
http://msnbc.msn.com/id/3718141/
Federal jobless program set to end
Labor unions are trying to pressure President Bush and the GOP-controlled Congress to
approve a new extension of federal unemployment benefits. The program expires Saturday
because Congress adjourned for the year without extending the benefits.
http://msnbc.msn.com/id/3757002/
WashPost: Retailers give discounts where it counts
In a subtle shift of marketing tactics, some retailers have stepped up coupon offers
directed at their most loyal customers in a bid to attract repeat visits from big
spenders during the holiday selling season.
http://msnbc.msn.com/id/3757022/
MFS may discuss fee cuts with Spitzer
Massachusetts Financial Services is in talks with the New York Attorney General Eliot
Spitzer and has indicated it would be willing to discuss cutting mutual-fund
management fees, the Wall Street Journal said on Friday, citing a person familiar with
the matter.
http://msnbc.msn.com/id/3757007/
RIAA efforts to ID music swappers nixed
A federal appeals court ruled Friday the recording industry can't force Internet
providers to identify subscribers swapping music online, dramatically setting back the
industry's anti-piracy campaign.
http://msnbc.msn.com/id/3758771/
Wal-Mart says it is helping Feds in probe
Wal-Mart Stores Inc. says it had been actively cooperating with federal investigators
for three years when agents surprised the world's largest retailer with a raid that
rounded up about 250 alleged illegal cleaning workers at Wal-Mart stores in 21 states.
http://msnbc.msn.com/id/3759218/
Parmalat reveals huge hole in accounts
Parmalat revealed a near four-billion-euro ($4.9 billion) hole in its accounts on
Friday, heightening fears that Italy's biggest food company could go bankrupt.
http://msnbc.msn.com/id/3757014/
Widow awarded $350,000 in smoking suit
A jury awarded $350,000 to a woman who blamed a tobacco company after her husband - a
smoker for more than four decades - died of lung cancer.
http://msnbc.msn.com/id/3760372/
FT: Japan sees faster nominal growth in '04
The Japanese government on Friday predicted that economic growth in fiscal 2004 would
slow slightly in real terms but increase in nominal terms due to a slower pace of
deflation.
http://msnbc.msn.com/id/3760292/
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