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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10767.77 -10.81
NASDAQ: 2260.95 +4.22
S&P 500: 1260.43 +1.06
AMEX: 1764.56 +8.24
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Wall Street struggles amid rise in energy prices
Stocks finished Monday narrowly mixed, despite early support from
ConocoPhillipâ?Ts possible buyout of Burlington Resources Inc., as investors
weighed a rise in energy prices and turned their focus to interest rates.
http://msnbc.msn.com/id/3683270/
Energy Department: $50-plus oil here to stay
Oil prices are projected to remain well above $50 a barrel for years to come,
resulting in a greater shift to more fuel efficient cars and alternative energy
sources, according to an analysis released Monday by the Energy Department.
http://msnbc.msn.com/id/10437549/
Paramount agrees to buy DreamWorks SKG
An agreement to sell DreamWorks SKG Inc. marks the end of an 11-year dream for
Hollywood moguls Steven Spielberg, Jeffrey Katzenberg and David Geffen.
http://msnbc.msn.com/id/10425218/
Fed expected to boost rates again
Federal Reserve policy-makers are widely expected to raise interest rates again
Tuesday, but analysts are uncertain what will happen after Chairman Alan
Greenspan steps down Jan. 31.
http://msnbc.msn.com/id/10426762/
OPEC ministers want to keep pumping
OPEC oil ministers agreed Monday to keep oil spigots wide open and maintain
production at the organizationâ?Ts highest-ever levels â?" at least for now â?"
while reserving the right to consider cuts in early 2006 should robust demand
flag and high prices fall.
http://msnbc.msn.com/id/10428564/
Delta pay cut deal a rare win for pilots
For months, Delta Air Lines Inc. insisted its pilots concede to $325 million in
pay and benefit cuts, and the company asked a bankruptcy court judge to help it
impose its will.
http://msnbc.msn.com/id/10440459/
ConocoPhillips in talks to buy Burlington
Oil major ConocoPhillips is in advanced talks to buy oil and gas producer
Burlington Resources Inc. for more than $30 billion, the Wall Street Journal
online edition reported on Sunday.
http://msnbc.msn.com/id/10435390/
Tentative pact reached between unions, AT&T
The telecommunications company AT&T Inc. and two unions have reached a
tentative agreement on a contract for more than 11,000 workers, and union
members are expected to vote on it over the next several weeks.
http://msnbc.msn.com/id/10435914/
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