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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10919.05 +35.70
NASDAQ: 2261.88 +6.01
S&P 500: 1266.99 +3.21
AMEX: 1808.88 -22.17
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Wall Street rebounds amid Pfizerâ?Ts warning
Stocks reversed their earlier losses and finished Friday with modest gains, as
investors expressed disappointment with a mediocre profit outlook from Dow
Jones industrial Pfizer Inc. and a new record U.S. trade deficit.
http://msnbc.msn.com/id/3683270/
Americaâ?Ts trade deficit hits all-time high
The U.S. trade deficit soared to an all-time high of $725.8 billion in 2005,
pushed upward by record imports of oil, food, cars and other consumer goods.
The deficit with China hit an all-time high as did Americaâ?Ts deficits with
Japan, Europe, OPEC, Canada, Mexico and South and Central America.
http://msnbc.msn.com/id/11270337/
Government records budget surplus in January
The federal government ran a $21 billion budget surplus last month, the best
January showing in four years, as both spending and tax receipts set records
for the month.
http://msnbc.msn.com/id/11275286/
Starbucks scraps chocolate drink
Starbucks Corp. Friday said it would stop selling Chantico, a rich chocolate
drink introduced with much fanfare last year, because it was not adaptable to
different customer tastes.
http://msnbc.msn.com/id/11274445/
GM's turnaround plan doesn't go far enough
General Motors Corp. made some tough decisions this week. Unfortunately, the
automaker's mess requires tougher moves and a jolt of imagination.
http://msnbc.msn.com/id/11275908/
Frequent Netflix renters sent to back of the line
Manuel Villanueva realizes he has been getting a pretty good deal since he
signed up for Netflix Inc.'s online DVD rental service 2 1/2 years ago, but he
still feels shortchanged.
http://msnbc.msn.com/id/11262292/
Delta pilots want wage concessions restored
A Delta Air Lines Inc. official told management employees Friday that the
company's pilots are asking that their wage scales be restored to December 2004
levels after a certain period.
http://msnbc.msn.com/id/11276984/
â?~Made in USAâ?T means little to furniture buyers
MADE IN THE USA: Producers, retailers and industry analysts say most Americans
don't seem to care if furniture is made outside of the United States. Consumers
are more interested in price.
http://msnbc.msn.com/id/11275859/
Volkswagen to cut up to 20,000 workers
Volkswagen AG warned that as many as 20,000 jobs could be cut in the next three
years under a restructuring plan announced Friday, as Europeâ?Ts biggest
automaker tries to trim costs at home and improve its tiny U.S. market share.
http://msnbc.msn.com/id/11270198/
U.S. to open patent probe on Toyota hybrids
A U.S. trade body is to investigate a complaint that Toyota Motor Corp.'s
popular Prius and Highlander hybrid models infringed a patent, according to the
body's website.
http://msnbc.msn.com/id/11270175/
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