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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10820.28 +53.95
NASDAQ: 2241.67 +14.60
S&P 500: 1254.85 +6.58
AMEX: 1715.45 +13.13
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks gain despite GM cuts, oil
Wall Street extended last weekâ?Ts rally with modest gains Monday, although
rising oil prices and a major restructuring plan at General Motors Corp.
pressured some stocks.
http://msnbc.msn.com/id/3683270/
GM slashing 30,000 jobs, closing plants
General Motors Corp. will eliminate 30,000 manufacturing jobs and close nine
North American assembly, stamping and powertrain plants by 2008 as part of an
effort to get production in line with demand.
http://msnbc.msn.com/id/10138507/
Economic activity increased in October
A widely watched measure of future economic activity rose in October, signaling
that the U.S. economy will grow this year â?" but at a more moderate pace than
in 2004 â?" despite being battered by hurricanes in September.
http://msnbc.msn.com/id/10139978/
Oil prices rise amid snowstorm warnings
Crude futures drifted higher Monday amid anticipation of increased heating oil
demand as forecasters predict a winter storm that could hit the Northeast later
this week.
http://msnbc.msn.com/id/5612507/
Gasoline prices continue to slide, survey finds
Retail gas prices continue to plunge across the country, dropping 18 cents in
the past two weeks, according to a survey released Sunday.
http://msnbc.msn.com/id/10130453/
Boeing, Airbus unveil $9 billion in deals
Boeing Co. and Airbus Monday announced more than $9 billion in aircraft orders,
pushing the rivals closer to a record tally this year as airlines seek more
fuel-efficient models.
http://msnbc.msn.com/id/10139403/
Sprint to buy largest affiliate for $3.4 billion
Sprint Nextel Corp. said Monday it will acquire Alamosa Holdings Inc., its
largest Sprint-branded wireless affiliate, for $3.4 billion.
http://msnbc.msn.com/id/10140466/
U.S. online ad revenues top $3 billion
U.S. Internet advertising revenues have exceeded $3 billion in a single quarter
for the first time, the Interactive Advertising Bureau said Monday.
http://msnbc.msn.com/id/10142035/
Wal-Mart check-out errors questioned
Wal-Mart Stores Inc. charged the wrong price to shoppers in California and the
Midwest at a rate that exceeds those set by federal guidelines, according to
two union-commissioned university studies released Monday.
http://msnbc.msn.com/id/10142520/
Detroit seen facing skilled labor shortage
Skilled workers who were once the backbone of American manufacturing are
retiring, and there is no one there to take their place. This is likely to hit
automakers particularly hard new data show, presenting new challenges for the
already struggling industry. By Roland Jones.
http://msnbc.msn.com/id/10097038/
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