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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10621.03 +17.07
NASDAQ: 2097.04 +8.43
S&P 500: 1190.25 +4.06
AMEX: 1397.96 +5.47
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Airlines see little relief from traffic pickup
With airlines facing a fifth straight year of industry-wide losses, a pickup in
traffic has raised hope that this might be the year profits return. But
carriers still face the same strong headwinds that have crippled the industry:
painful increases in fuel costs and a glut of empty seats on too many flights.
http://msnbc.msn.com/id/6809052/
Chrysler 300, Ford hybrid SUV honored
America's "in" sedan and the first gas-electric hybrid sport utility vehicle
were named North America's top vehicles Sunday at the North American
International Auto Show.
http://msnbc.msn.com/id/6807172/
Stocks notch gains amid merger wave
A spate of merger news eased investors�?T concerns about a spike in crude oil
prices and inflation Monday, leaving stock indices slightly higher at the
close. Trading was cautious in advance of fourth-quarter earnings reports.
http://msnbc.msn.com/id/3683270/
Alcoa net profit slips after charge
Alcoa, the world's biggest aluminum producer, posted a lower net profit Monday,
despite higher revenue from soaring metal prices, because it took a charge for
divesting non-core businesses.
http://msnbc.msn.com/id/6809371/
Former AOL execs charged with fraud
Six former executives of AOL and its former business partner PurchasePro.com
were charged with fraud and conspiracy to inflate revenues, prosecutors said
Monday.
http://msnbc.msn.com/id/6809369/
Alltel to buy Western Wireless
Telecommunication and information services provider Alltel Corp. said Monday it
agreed to purchase Western Wireless Corp. in a stock-and-cash transaction
valued at about $6 billion.
http://msnbc.msn.com/id/6807213/
Comcast to offer Internet phone service
Comcast Corp., the nation's largest cable television company, plans to
challenge local phone companies by offering Internet-based phone service in 20
markets this year, company officials said.
http://msnbc.msn.com/id/6807183/
Bush taps Allan Hubbard for economic post
President Bush Monday named Allan Hubbard, an Indiana businessman and major
Bush fund-raiser, to serve as his top economic adviser, the White House
announced.
http://msnbc.msn.com/id/6808782/
Oil prices settle after peak above $47
Oil prices ended slightly over $45 on Monday after surging nearly $2 due to
worries about export disruptions in Iraq and the North Sea.
http://msnbc.msn.com/id/5612507/
Lundberg survey: Gas prices drop again
Gas prices have dipped slightly since last month, said analyst Trilby Lundberg,
but the outcome of planned Iraqi national elections on Jan. 30 could be one of
the factors that bring the decline in pump prices to an end.
http://msnbc.msn.com/id/6805869/
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