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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10603.96 -18.92
NASDAQ: 2088.61 -1.39
S&P 500: 1186.19 -1.70
AMEX: 1392.49 +4.52
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks end week on a down note
A late day selloff sent stocks lower Friday as the latest employment report
failed to answer Wall Street�?Ts lingering questions about the economy and
interest rates.
http://msnbc.msn.com/id/3683270/
U.S. payrolls rose modestly in December
The economy added 157,000 jobs in December, the Labor Department said Friday in
a report that fell a bit short of expectations but was good enough to close out
the best year for job growth since 1999.
http://msnbc.msn.com/id/6798230/
Outstanding consumer debt fell in November
U.S. consumer debt outstanding fell a record $8.7 billion in November, the
Federal Reserve said Friday in a report showing a sharp drop in credit and
charge card activity.
http://msnbc.msn.com/id/6799657/
United dealt a setback in cost-cutting efforts
A federal bankruptcy judge threw out a disputed new five-year contract between
United Airlines and its pilots Friday, dealing the bankrupt carrier a
significant setback in its efforts to lock in lower labor costs without a court
order.
http://msnbc.msn.com/id/6795284/
Top court to review Andersen conviction
The U.S. Supreme Court said on Friday it would review the conviction of the
Arthur Andersen accounting firm for obstruction of justice by destroying Enron
Corp.-related documents before the energy giant's collapse.
http://msnbc.msn.com/id/6799524/
Berkshire insurance unit gets subpoena
Berkshire Hathaway Inc., the company run by billionaire Warren Buffett, said
its General Re Corp. reinsurance unit on Thursday received a subpoena from New
York Attorney General Eliot Spitzer for information on insurance products that
might help companies smooth earnings.
http://msnbc.msn.com/id/6798218/
Sarbanes-Oxley: A sense of �?~siege�?T
As a former business leader, Treasury Secretary John W. Snow is well aware of
difficulties that Washington policymakers can cause for Corporate America. So
it's not surprising that when company chieftains complain about the costs of
complying with the Sarbanes-Oxley corporate-reform laws, he listens.
http://msnbc.msn.com/id/6798606/
N.Y. Times considers charging Web readers
The New York Times Co. is considering subscription fees to its online edition,
which now is available for free, the company said Friday.
http://msnbc.msn.com/id/6799710/
Auto execs: Higher profits still years away
Automotive executives worldwide believe the industry is still a couple of years
away from returning to peak profitability, but many are more bullish on the
prospects for growth than in previous years, according to a new study.
http://msnbc.msn.com/id/6798220/
Taser cooperating with SEC informal probe
Federal authorities have launched an inquiry into claims an Arizona company has
made about safety studies for its stun guns.
http://msnbc.msn.com/id/6798224/
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