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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 11058.97 +30.58
NASDAQ: 2276.43 +14.26
S&P 500: 1280.00 +4.47
AMEX: 1797.11 +3.38
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks close higher after Bernankeâ?Ts testimony
Stocks closed Wednesday slightly higher after a seesaw day in which investors
digested Federal Reserve Chairman Ben Bernankeâ?Ts first economic testimony
before Congress.
http://msnbc.msn.com/id/3683270/
Bernanke says U.S. economy is back on track
Federal Reserve Chairman Ben Bernanke, delivering his first economic report to
Congress, declared Wednesday that the economy has snapped smartly out of an
end-of-year lull, although inflation and other risks remain. He left the door
open to higher interest rates in the future.
http://msnbc.msn.com/id/11363519/
Probe over alleged air cargo price-fixing widens
More than a dozen airlines around the world had their offices searched or were
otherwise contacted by U.S. and EU investigators probing the possibility of
illegal price fixing in the air cargo business.
http://msnbc.msn.com/id/11347055/
Drop in energy prices may be short-lived
The recent skid in oil prices is giving consumers a welcome break from higher
heating oil and gasoline prices. But analysts say the reprieve may be only
temporary. By MSNBC.com's John W. Schoen
http://msnbc.msn.com/id/11356890/
Street spends its record bonuses, quietly
While the top achievers on Wall Street are spending their record $21.5 billion
in 2005 bonuses, ostentatious shows of consumption are gone, observers say.
http://msnbc.msn.com/id/11371413/
Merrill to combine unit with BlackRock
Retail brokerage giant Merrill Lynch & Co. Inc. has agreed to combine its
investment-management business with money manager BlackRock Inc. in exchange
for a nearly 50 percent stake in BlackRock, the two sides said Wednesday.
http://msnbc.msn.com/id/11362684/
Microsoft answers EU antitrust complaints
Microsoft Corp., under threat of 2 million euro ($2.38 million) a day in fines,
on Wednesday answered European Union complaints that it had failed to comply
with an antitrust ruling by outlining a list of its own accusations.
http://msnbc.msn.com/id/11366034/
CNBC: Hunting business becoming high-end
Vice President Dick Cheneyâ?Ts hunting accident is still front page news â?"
and fodder for late-night talk shows. But itâ?Ts also unwanted publicity for a
sport whose ranks are down 40 percent since 1987.
http://msnbc.msn.com/id/11353326/
WP: Not all Olympic winners strike gold
There's a simple reality for cashing in on the Olympics: The color of the medal
matters, the sport matters, and fame is fleeting.
http://msnbc.msn.com/id/11362141/
Pratt to supply parts for rival GE jet engines
United Technologies Corp.â?Ts Pratt & Whitney jet engines will announce on
Wednesday plans to produce spare parts for rival General Electric Co.â?Ts
best-selling engine in a bid for market share, the Wall Street Journal
reported, citing company officials.
http://msnbc.msn.com/id/11361681/
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