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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10785.22 +30.96
NASDAQ: 2058.62 -2.72
S&P 500: 1201.59 +0.84
AMEX: 1501.57 +3.80
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Dow industrials gain after Merck decision
The Dow Jones industrial average closed Friday with modest gains following a
decision to allow Merck�?Ts Vioxx pain drug to be marketed in the United
States, despite an increased risk of heart attack and stroke.
http://msnbc.msn.com/id/3683270/
Stressed out: What U.S. cities are most troubled?
ACBJ created a seven-part formula to rate socioeconomic stress, using raw data
compiled by the U.S. Census Bureau. The formula analyzed factors that can
affect any city�?Ts stability, such as poverty, unemployment, insufficient
education and vacant housing.
http://msnbc.msn.com/id/6988164/
Qwest plans to submit new bid for MCI
Qwest Communications International Inc. said Thursday it will submit another
bid for MCI Inc., four days after the long-distance company agreed to be
acquired by Verizon Communications Inc. in a $6.7 billion cash and stock deal.
http://msnbc.msn.com/id/6988882/
Blockbuster�?Ts �?~No More Late Fees�?T under fire
New Jersey Attorney General Peter Harvey Friday said he has filed a lawsuit
accusing Blockbuster Inc., the nation's top movie renter, of deceiving
customers with its new "No More Late Fees" rental policy.
http://msnbc.msn.com/id/6994178/
ExxonMobil takes is most valuable public firm
ExxonMobil Corp. Friday knocked General Electric Co. from its perch as the
world's most valuable public company ranked by stock market capitalization.
http://msnbc.msn.com/id/6994181/
Answer Desk: Should U.S. fear the repo man?
Fed Chairman Greenspan was on Capitol Hill this week, once again warning
Congress that relying on borrowing is no way to pay the bills. Which has Diane
in Illinois wondering: what if all the people and governments who have lent the
U.S. their money suddenly decided they want it all back?
http://msnbc.msn.com/id/3403854/
Wholesale prices moved up in January
Wholesale prices rose 0.3 percent in January, driven up by big increases in the
cost of new cars, cigarettes and alcohol, the government reported Friday.
http://msnbc.msn.com/id/6992943/
CEOs at 50 biggest firms get 5% pay raise
Chief executives at many of the biggest U.S. companies got an average 5 percent
raise last year to $10.7 million, and more corporate boards concluded that pay
for performance is the way to go in the executive suite.
http://msnbc.msn.com/id/6993597/
Retailers Federated, May resume talks
Federated Department Stores Inc. is once again in talks to buy rival May
Department Stores Co., the Wall Street Journal reported on Friday.
http://msnbc.msn.com/id/6992185/
Ex-Boeing exec gets 4 months in prison
A former top executive at Boeing Corp. was sentenced to four months in prison
Friday for illegally negotiating a $250,000-a-year job for an Air Force
procurement officer who was overseeing a potential multibillion-dollar contract
for the company.
http://msnbc.msn.com/id/6993477/
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