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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10122.52 -72.49
NASDAQ: 1836.49 -25.60
S&P 500: 1099.15 -8.62
AMEX: 1224.33 -5.17
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Oil worries, income report weigh on stocks
Stocks drifted lower in extremely light trading Monday, as a disappointing report on
consumer income prompted investors to collect profits after two weeks of gains.
http://www.msnbc.msn.com/id/3683270/
Where have the jobs gone?
An American City Business Journals analysis of employment data has identified several
hot spots for job creation.
http://www.msnbc.msn.com/id/5833533/
Are Americans better off 4 years later?
It's far from certain is whether Americans feel better in their wallets and
pocketbooks than they did four years ago, the last time they went to the polls to
elect a president. By CNBC's Rob Reynolds.
http://www.msnbc.msn.com/id/5868365/
Consumer spending rebounds
After taking a rest in June, the nation's consumers were full of energy last month,
boosting their spending by a strong 0.8 percent, a hopeful sign the economy may be
emerging from a summer funk.
http://www.msnbc.msn.com/id/5866070/
Gas prices little changed in the last two weeks
Oil industry analyst Trilby Lundberg said the national average price for a gallon of
regular gasoline was $1.88, an increase of a half-cent in the past two weeks. Lundberg
expects prices to dip as fall approaches.
http://www.msnbc.msn.com/id/5860793/
Oil sinks below $42 a barrel
U.S. oil prices slumped below $42 a barrel Monday on continued profit-taking as
producer-group OPEC eyed increases in the coming months in its tight spare capacity,
countering worries over stumbling Iraqi oil exports.
http://www.msnbc.msn.com/id/5612507/
Cerberus to buy LNR for $1.92 billion
Private investor Cerberus Capital Management L.P. has agreed to buy real estate
investment and management company LNR Property Corp. for $1.92 billion in cash, LNR
said on Sunday.
http://www.msnbc.msn.com/id/5865654/
US Air pilots, management renew talks
US Airways Group Inc.'s pilots union leaders on Monday said they proposed new contract
terms to management, which in turn made a counteroffer, after the union last week
refused to endorse a company plan for $295 million of concessions.
http://www.msnbc.msn.com/id/5865756/
China gives bullet train contract to Japan
A consortium of Japanese firms led by Kawasaki Heavy Industries Ltd. won a $12 billion
contract to provide high-speed trains to China, Xinhua news agency said on Monday.
http://www.msnbc.msn.com/id/5865708/
Japan's top court OKs UFJ-Mitsubishi talks
Japan's Supreme Court on Monday said merger talks could proceed between troubled UFJ
Holdings Inc. and Mitsubishi Tokyo Group Inc. which would create the world's largest
bank.
http://www.msnbc.msn.com/id/5865694/
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