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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10549.57 +61.92
NASDAQ: 2099.68 +21.06
S&P 500: 1181.94 +6.51
AMEX: 1365.96 +16.76
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Kmart to acquire Sears in $11 billion deal
Kmart is acquiring Sears, one of the most venerable names in U.S. retailing, in
a surprise $11 billion deal that will create the nation�?Ts third-largest
retailer.
http://msnbc.msn.com/id/6509683/
Stocks pare Sears, Kmart merger rally
Wall Street finished Wednesday with solid gains gains, but had given up the
bulk of an earlier rally that was triggered by news of a $11 billion deal that
combines retailers Kmart Holding Corp. and Sears, Roebuck and Co.
http://msnbc.msn.com/id/3683270/
Consumer prices pushed higher in October
Consumer prices �?" stoked by more expensive gasoline as well as pricier fruits
and vegetables �?" heated up in October, rising by 0.6 percent, the biggest
gain in five months.
http://msnbc.msn.com/id/6510390/
Eisner told Ovitz couldn't be fired for cause
Walt Disney Co. Chief Executive Michael Eisner testified Wednesday that he
relied on advice from the company's top lawyer in determining that former
Disney President Michael Ovitz couldn't be fired for cause.
http://msnbc.msn.com/id/6512444/
Dollar hits all-time low against euro
The U.S. dollar plunged to a new low against the euro Wednesday as markets
shrugged off Washington�?Ts insistence that it is committed to a strong dollar.
http://msnbc.msn.com/id/6509999/
Big tobacco opposes feds getting money
The tobacco industry urged a federal appeals court Wednesday to throw out a
decision allowing the Justice Department to seek $280 billion from
cigarette-makers for allegedly misleading the public about the dangers of
smoking.
http://msnbc.msn.com/id/6512468/
Oil prices spike after inventories report
Crude oil futures prices climbed Wednesday on the back of a rally in heating
oil after the U.S. government reported that the nation�?Ts supply of distillate
fuel declined for the ninth consecutive week.
http://msnbc.msn.com/id/5612507/
Probe begun into Enron ex-chairman�?Ts wife
Federal officials are investigating a $1.3 million stock sale called for by the
wife of former Enron Chairman Kenneth Lay just days before the energy company
went under, the couple's lawyer says.
http://msnbc.msn.com/id/6510525/
Blasts rock three banks in Argentina
Bombs exploded at three banks �?" � including two branches of U.S. giant
Citibank �?" in the Argentine capital of Buenos Aires on Wednesday, killing one
security guard and injuring one other person, police said.
http://msnbc.msn.com/id/6510859/
WashPost: Tomatoes in short supply
A national tomato shortage has sent prices climbing like a vine seeking light.
http://msnbc.msn.com/id/6506666/
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