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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10667.39 -213.32
NASDAQ: 2247.70 -54.11
S&P 500: 1261.49 -23.55
AMEX: 1825.27 +3.89
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks tumble amid lackluster earnings
Wall Street tumbled Friday, chalking up its biggest one-day plunge since March
2003, as investors were spooked by lackluster earnings from big-name companies
like General Electric and Citigroup and an unwelcome surge in energy prices.
http://msnbc.msn.com/id/3683270/
Oil prices surge back above $68 a barrel
Oil prices zoomed to a four-and-a-half month high above $68 a barrel Friday,
rallying on supply fears tied to Iranâ?Ts tense diplomatic standoff with the
West over its nuclear ambitions.
http://msnbc.msn.com/id/5612507/
Judge OKs United Airlinesâ?T reorganization plan
United Airlinesâ?T reorganization plan won final approval by a judge Friday,
clearing the way for the nationâ?Ts second biggest carrier to come out of
bankruptcy in less than two weeks.
http://msnbc.msn.com/id/10944620/
Japan again halts U.S. beef imports
Japan announced plans to reimpose a ban Friday on all U.S. beef imports, less
than six weeks after lifting the two-year ban, because a recent shipment was
found to possibly contain material considered at risk for mad cow disease.
http://msnbc.msn.com/id/10939108/
Ford to pursue new look for minivans
Ford Motor Co., which is gearing up to unveil its turnaround plan Monday, is
likely to announce a new direction for its sluggish minivan line-up, a person
familiar with the automaker's product plan said Friday.
http://msnbc.msn.com/id/10943878/
Consumer sentiment improves in January
U.S. consumer sentiment improved in early January on steady energy prices,
better job conditions, and hefty stock gains in early 2006, a report showed on
Friday.
http://msnbc.msn.com/id/10942994/
Morgan Stanley in talks on BlackRock stake
U.S. investment bank Morgan Stanley is in serious talks to buy a controlling
stake in institutional money manager BlackRock Inc. , financial news network
CNBC said Friday.
http://msnbc.msn.com/id/10941783/
Nuclear plant owner fined $28 million
Acknowledging that its employees covered up serious damage at a nuclear power
plant, the facility's owner has agreed to pay $28 million (euro23 million) in
fines, restitution and community service projects, the U.S. Justice Department
announced Friday.
http://msnbc.msn.com/id/10943739/
Albertson's agrees to buyout talks
Grocery chain Supervalu Inc. said Friday it has resumed talks to acquire
Albertsonâ?Ts Inc., the nationâ?Ts second-largest traditional supermarket chain.
http://msnbc.msn.com/id/10941318/
Bud Light goes grade-school with sponsorship
With the NFL playoffs nearing the end of the road to Super Bowl XL, advertisers
may be scrambling to find that next big sports sponsorship. And Bud Light
apparently thinks it has scored big with its deal to promote the USA Rock Paper
Scissors League.
http://msnbc.msn.com/id/10878392/
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