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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10958.59 -63.00
NASDAQ: 2286.03 -16.57
S&P 500: 1278.26 -8.97
AMEX: 1890.09 -7.37
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Rising bond yields push stocks down at close
Rising bond yields triggered a selloff on Wall Street Monday as persistent
nervousness about the economy and interest rates motivated investors to take
profits.
http://msnbc.msn.com/id/3683270/
Job cuts planned after AT&T-BellSouth deal
AT&T Inc. plans to cut up to 10,000 jobs, mostly through attrition, if its $67
billion purchase of BellSouth Corp. goes through, AT&Tâ?Ts chief financial
officer said Monday.
http://msnbc.msn.com/id/11684785/
Administration asks Congress to up debt limit
Treasury Secretary John Snow notified Congress on Monday that the
administration has now taken â?oall prudent and legal actions,â? including
tapping certain government retirement funds, to keep from hitting the $8.2
trillion national debt limit.
http://msnbc.msn.com/id/11699012/
U.S. factory orders post biggest fall since 2000
Orders to U.S. factories plunged by the largest amount in 5 1/2 years in
January, reflecting a big drop in demand for airplanes.
http://msnbc.msn.com/id/11697616/
Key OPEC officials against cutting production
OPECâ?Ts key members said Monday that they would not seek a production cut this
week, and that they expected oil prices, now hovering above $60 a barrel, to
decline this spring.
http://msnbc.msn.com/id/11698630/
GM to sell stake in Japan's Suzuki for $2 billion
Struggling General Motors Corp. will sell a 17.4 percent stake in Japan's
Suzuki Motor Corp. for $2 billion, scaling down its share in an effort to gain
much-needed cash, but the partnership between the automakers will continue,
both sides said Monday.
http://msnbc.msn.com/id/11695786/
Do I have to pay tax on stuff I sell on eBay?
The stock market's sell-off this week was not great news for most investors.
But for folks like Patrick in Michigan, who is looking for information about
selling stocks short, even a "bad" week can be profitable.
http://msnbc.msn.com/id/11658852/
New AT&T rising, unlike Ma Bell of yore
AT&T is on the rise again, but as a very different company competing in a very
different world than the communications monoculture dominated by the old AT&T
until it was broken up in the 1980s.
http://msnbc.msn.com/id/11688630/
NBC Universal to buy iVillage for $600 million
NBC Universal Monday said it would buy iVillage Inc., an operator of a network
of Web sites for women, for $600 million, marking the latest move by a major
media company to use its programming foundation to tap further into growing
online communities.
http://msnbc.msn.com/id/11696605/
Germany's Linde to buy British rival for $14B
Germany's Linde AG said Monday that directors of Britain's BOC Group PLC have
accepted a takeover offer in a deal valued at 8 billion pounds ($14 billion)
that would create the world's biggest maker of industrial gases.
http://msnbc.msn.com/id/11695881/
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