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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10392.99 -78.48
NASDAQ: 2034.27 -11.61
S&P 500: 1167.87 -7.54
AMEX: 1414.58 +8.82
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Wall Street closes week on a sour note
A late surge in crude oil prices pushed U.S. stock indices lower Friday,
sapping the market�?Ts early momentum from a strong earnings report and a
bullish outlook from General Electric. Wall Street�?Ts main stock indices saw a
third straight week of losses and closed at fresh 2005 lows.
http://msnbc.msn.com/id/3683270/
FCC chief Michael Powell stepping down
Federal Communications Commission Chairman Michael K. Powell plans to step down
from the job he�?Ts held for four years, two agency officials said Friday.
http://msnbc.msn.com/id/6852019/
General Electric beats 4th-quarter outlook
General Electric Co. reported Friday its fourth-quarter profit rose 18 percent,
citing the impact of acquisitions, strong industrial sales and an excellent
global economy.
http://msnbc.msn.com/id/6851719/
Consumers slightly less upbeat in January
U.S. consumer sentiment eased in early January, according to a survey released
Friday, as shoppers�?T holiday shopping bills came due for payment.
http://msnbc.msn.com/id/6852207/
Blair to open Davos economic summit
British Prime Minister Tony Blair is expected to lay out his agenda for the
Group of Eight� industrialized nations in an opening address to the World
Economic Forum's annual meeting, focusing on climate change.
http://msnbc.msn.com/id/6852269/
Taser to increase stun gun's power
Taser International Inc. has warned police departments that its newest
electric stun gun recently failed to subdue some suspects, and it will increase
the power of the weapon, The New York Times reported on Friday.
http://msnbc.msn.com/id/6851730/
Oil prices jump above $48 a barrel
Oil futures jumped above $48 per barrel on Friday as OPEC forecast increased
demand for its crude in the first half of the year.
http://msnbc.msn.com/id/5612507/
United gets 3 more months to file plan
Bankrupt United Airlines Friday won court approval for another three months to
file its bankruptcy reorganization plan without interference from other parties.
http://msnbc.msn.com/id/6853208/
Burger King fired up after Trump plug
When Burger King decided to try a new promotion to cash in on the reality TV
craze, the No. 2 fast-food chain turned to the master of the pitch �?" Donald
Trump.
http://msnbc.msn.com/id/6852560/
Has reality TV passed its prime time?
Despite the continued success of Fox Network's "American Idol," some industry
observers think the reality television craze may be waning. By CNBC's Jerry
Cobb.
http://msnbc.msn.com/id/6849463/
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