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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10498.59 +37.03
NASDAQ: 2046.09 +26.14
S&P 500: 1174.07 +5.66
AMEX: 1420.49 +12.53
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks extend rally into a second day
Stocks managed to extend their rally into a second session Wednesday, as a
bright outlook from Oracle and better-than-expected results from chipmaker
Texas Instruments lifted the technology sector.
http://msnbc.msn.com/id/3683270/
OPEC president: No output cut needed now
OPEC oil producers are worried about oversupply during the second quarter but
can afford to wait until a March meeting before cutting production, the
group�?Ts president said on Wednesday.
http://msnbc.msn.com/id/6869994/
Testimony begins in Ebbers trial
A stock analyst testified Wednesday that former WorldCom Inc. chief Bernard
Ebbers addressed some of his concerns about the company�?Ts accounting
procedures �?oin a reasonable amount of detail.�?�
http://msnbc.msn.com/id/6866737/
World Economic Forum opens in Switzerland
The World Economic Forum opened Wednesday in Switzerland, where the weakening
dollar, the rising euro and amazement at China's rapid growth were on many
minds.
http://msnbc.msn.com/id/6870471/
Oil prices drop below $49 a barrel
Crude futures fell below $49 a barrel Wednesday as Nigerian oil workers called
off an imminent strike and the U.S. government said the nation�?Ts oil supply
grew.
http://msnbc.msn.com/id/5612507/
Fee for grocery bags? San Francisco considers
San Francisco is considering a 17-cent surcharge on paper or plastic shopping
bags, a debate sure to be watched as a bellwether for other communities across
the United States.
http://msnbc.msn.com/id/6870442/
NYSE mulls earlier open
The New York Stock Exchange is weighing a plan to open trading by as much as
two hours earlier to attract international investors, NYSE Chief Executive
Officer John Thain said on Wednesday, according to Bloomberg News.
http://msnbc.msn.com/id/6870542/
Judge: NYSE must hand over Grasso report
New York Stock Exchange lawyers must give former chairman Richard Grasso's
legal team a confidential report describing how he amassed his controversial
$188.5 million pay package, a judge ruled late on Tuesday.
http://msnbc.msn.com/id/6869975/
Sirius chief denies talks with XM brass
Sirius Satellite Radio Inc. Chief Executive Mel Karmazin has not met with top
executives of rival XM Satellite Radio Holdings to discuss a merger between the
two broadcasters, Karmazin said on a conference call Wednesday after Sirius
reported a wider fourth-quarter loss.
http://msnbc.msn.com/id/6870266/
U.S. meatpacking industry under fire
The meatpacking industry in the U.S. came under attack yesterday for "systemic
human rights violations".
http://msnbc.msn.com/id/6870432/
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