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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10841.60 +92.81
NASDAQ: 2065.40 +13.70
S&P 500: 1211.37 +11.17
AMEX: 1516.48 +11.14
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 at new 2005 high
Stronger-than-expected growth in the nation�?Ts gross domestic product pushed
the broader stock market to its highest level of 2005 Friday, as investors
welcomed the benefits of an improving economy and looked past the possibility
of higher inflation.
http://msnbc.msn.com/id/3683270/
Model airplanes are the real stars of �?~The Aviator�?T
Leonardo Di Caprio may have a nomination for the best actor award at this
year�?Ts Academy Awards, but the real stars of �?oThe Aviator,�?� Martin
Scorsese�?Ts biopic of playboy tycoon Howard Hughes, are the model airplanes
built especially for the movie.
http://msnbc.msn.com/id/7025938/
Fourth-quarter economic growth revised up
The economy grew at a solid 3.8 percent annual rate in the final quarter of
2004 �?" stronger than previously estimated�?" an encouraging sign that the
business expansion was firmly entrenched at the start of the new year.
http://msnbc.msn.com/id/7030216/
MCI to work towards Verizon deal, eye Qwest
The chief executive of MCI Inc. said on Friday the company would �?odo our
utmost�?� to close its $6.75 billion deal with Verizon Communications Inc. in a
timely fashion.
http://msnbc.msn.com/id/7026077/
Existing home sales dip slightly in January
Sales of existing homes edged down a slight 0.1 percent in January as
attractive mortgage rates continued to support strong demand in the housing
market, a real estate trade group reported Friday.
http://msnbc.msn.com/id/7030841/
Answer Desk: Two ways to beat the taxman
It's still six weeks away, but Answer Desk readers are already thinking about
April 15th �?" and how to keep Uncle Sam's hand out of their pockets. John in
Pennsylvania thinks he's figured out a way to ease the burden of paying college
bills �?" and save on taxes. � And Mike in Ohio wants to know how to minimize
inheritance taxes.
http://msnbc.msn.com/id/3403854/
Colo. Wal-Mart unit rejects union representation
Workers at a Wal-Mart Tire & Lube Express voted 17-1 against union
representation Friday, rejecting efforts to establish what would have been the
first union inside any Wal-Mart store in the United States.
http://msnbc.msn.com/id/7031358/
The most expensive cars of the year
Revolutions in the auto industry are few and far between, so this year we are
not surprised to report that the most expensive automobiles are, again, sports
cars.
http://msnbc.msn.com/id/7012380/
Report: Federated, May close to merger
Federated Department Stores Inc.�?Ts possible $10 billion buyout of rival May
Department Stores Co. has reached a critical point, with boards of both
retailers to meet separately into the weekend to perhaps finalize the deal, the
Wall Street Journal reported in Friday�?Ts editions.
http://msnbc.msn.com/id/7029988/
Report: Adelphia creditors open to cash bid
Creditors of the bankrupt Adelphia Communications Corp. have reportedly told
Time Warner Inc. and Comcast Corp. that they would accept their $17.6 billion
buyout offer for the nation�?Ts fifth biggest cable operator if it were
entirely in cash instead of a combination of cash and stock.
http://msnbc.msn.com/id/7030976/
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