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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10287.34 +70.75
NASDAQ: 2064.83 +17.61
S&P 500: 1186.57 +9.73
AMEX: 1619.79 +25.00
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Wall Street boosted by a mild inflation reading
Stocks mounted a late-day rally Friday, shaking of earlier losses, after the
government reported relatively tame inflation, aside from food and energy
prices, and improving retail sales.
http://msnbc.msn.com/id/3683270/
Economy seems to be weathering storms
A flood of data out Friday shows a post-hurricane economy that is holding up
remarkably well despite an unfamiliar surge in inflation that is making
consumers extremely nervous. By Martin Wolk
http://msnbc.msn.com/id/9698225/
Social Security benefits to increase in 2006
More than 48 million Americans will get a 4.1 percent increase in their monthly
Social Security checks next year, the largest increase in more than a decade.
http://msnbc.msn.com/id/9694755/
Yahoo reportedly mulls stake in AOL
Yahoo Inc.has held early stage discussions to buy a stake in Time Warner
Inc.รข?Ts America Online Internet unit, a source briefed on the matter said
Friday.
http://msnbc.msn.com/id/9698134/
GM pushes auto union for healthcare cost cuts
General Motors Corp. wants auto workers to agree cuts in its $5.6 billion
annual U.S. health-care costs in the next few days, or GM could cut them
unilaterally, the Wall Street Journal reported Friday, citing people familiar
with the matter.
http://msnbc.msn.com/id/9694101/
Refco shuts down its main business
Refco Inc. began shutting down its main business on Friday, as fraud charges
against the former chief executive threatened to topple the largest U.S.
independent commodities brokerage.
http://msnbc.msn.com/id/9698811/
Judge stays Google suit in Microsoft hiring case
A U.S. judge ordered a tentative stay in Internet company Google Inc.'s suit
against Microsoft Corp., according to a court Web site, dealing a blow to
Google's legal fight over its hiring of a former Microsoft executive.
http://msnbc.msn.com/id/9696828/
General Electric's profit rises 15 percent
General Electric Co., whose businesses range from building jet engines and
power plants to making loans and operating the NBC television network, said
Friday its third-quarter earnings increased 15 percent despite losses from
hurricanes as all its major segments posted double-digit percentage profit
growth.
http://msnbc.msn.com/id/9694110/
Kraft Foods to cut about 600 jobs
Kraft Foods Inc. on Friday said it would cut about 600 jobs and exit leased
offices in Tarrytown, N.Y., early next year, the latest moves under a sweeping
restructuring effort it unveiled in early 2004.
http://msnbc.msn.com/id/9696826/
Hilton Group may sell to U.S.-based Hilton
Hilton Group PLC, which operates around 400 hotels around the world excluding
the United States, said Friday that it is negotiating to sell its hotels
business to U.S.-based Hilton Hotels Corp.
http://msnbc.msn.com/id/9694118/
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