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Today's Business Headlines - Market Close from MSNBC.com
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Wall Street Watch: Complete coverage
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Business
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For 'the baby Hummer,' it's all relative
The first line of Hummer's press release on its newest and smallest model, the
2006 H3 sport utility, speaks to the issues the brand faces by referring to the
new vehicle as a "smaller, more fuel-efficient package."
http://www.msnbc.msn.com/id/6406398/
U.S. gas prices dip to $2.01 a gallon
The average U.S. retail price of gasoline fell 2.67 cents in the past two
weeks, to $2.01 a gallon. It was its first decline since early September due to
increased crude oil production, industry analyst Trilby Lundberg said Sunday.
http://www.msnbc.msn.com/id/6429811/
U.S. payrolls showed strong growth in Oct.
Employers aggressively hired new workers in October, adding 337,000 people to
payrolls after a sluggish summer, although the overall unemployment rate rose
marginally, to 5.5 percent.
http://www.msnbc.msn.com/id/6414103/
Inflation fears may spark Fed interest-rate hike
The Federal Reserve, meeting this week to discuss the economy, may raise its
benchmark interest rate by a quarter point to 2 percent in the wake of an end
to summer's "soft patch" of slow job growth, high energy prices and lackluster
consumer spending .
http://www.msnbc.msn.com/id/6429946/
WashPost: Some shoppers find fewer happy returns
Some technological systems aim to solve costly and important business problems
but the proliferation of "electronic blacklists" has alarmed consumer and
privacy advocacy groups who say many databases have incomplete, incorrect or
misleading information.
http://www.msnbc.msn.com/id/6423422/
Delta details job cuts plan
Delta Air Lines Inc. said Sunday it will cut 2,000 maintenance jobs, up to
3,100 customer-service jobs, and between 1,600 and 1,800 other personnel as
part of a previously announced plan to cut total staffing by 7,000.
http://www.msnbc.msn.com/id/6430075/
Oil prices up, but well below recent highs
Oil prices rebounded Friday but remained below $50 a barrel after declining 4
percent over the past week due to rising U.S. supplies of crude and natural gas.
http://www.msnbc.msn.com/id/5612507/
Dollar hits all-time low against euro
The U.S. dollar fell to an all-time low against the euro Friday as European
political leaders signaled they have no unified plan to stem the rise in the
five-year-old currency used by 12 countries.
http://www.msnbc.msn.com/id/6415255/
Answer Desk: Home equity loan pros, cons
This week, Wendy in Norfolk, Va. is trying to get to the bottom of all the junk
mail she's getting touting the benefits of a home equity line of credit. She
wants to know: is this a good idea or a bad one? Matt in St Louis, meanwhile,
is curious about what happens to all that money expected to be paid by big
insurance companies to settle lawsuits generated by the New York attorney
general's probe of bid-rigging in the industry.
http://www.msnbc.msn.com/id/3403854/
Verizon to buy NextWave licenses for $3 billion
Verizon Wireless said on Thursday that it had signed an agreement with NextWave
Telecom Inc. to purchase all of its airwave licenses for $3 billion.
http://www.msnbc.msn.com/id/6414363/
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