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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 10980.69 +22.10
NASDAQ: 2268.38 -17.65
S&P 500: 1275.88 -2.38
AMEX: 1872.59 -17.50
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks close mostly lower amid interest fears
Stocks were mostly lower Tuesday, hit by rising interest rates in the bond
market and declines in the price of oil, copper and aluminum which pressured
materials-sensitive stocks.
http://msnbc.msn.com/id/3683270/
Ex-Enron CFO testifies against former bosses
Former Enron Corp. Chief Financial Officer Andrew Fastow testified Tuesday he
ran partnerships designed to help the company mask as much as hundreds of
millions of dollars in losses.
http://msnbc.msn.com/id/11711094/
Some NWA ground workers reject pay contract
Some ground workers at Northwest Airlines rejected a tentative agreement and
authorized a strike, the union said on Tuesday.
http://msnbc.msn.com/id/11715107/
Consumers borrowing jumps
Americans increased their borrowing at the fastest pace in four months in
January as unusually mild weather during the month encouraged shoppers to head
for the malls and use their credit cards.
http://msnbc.msn.com/id/11714152/
GM ends pension plan for salaried workers
General Motors Corp. said Tuesday that it will shift its pension benefits for
salaried employees from a defined benefit plan to a plan that relies more
heavily on employee contributions.
http://msnbc.msn.com/id/11712124/
Productivity declines in fourth quarter
The efficiency of American workers actually declined in the final three months
of 2005, the first time that has happened in more than four years, while wage
pressures accelerated.
http://msnbc.msn.com/id/11709752/
With no output cuts seen, OPEC eyes terrorism
OPEC oil ministers, most resolved not to cut production levels amid stubbornly
high prices, focused Tuesday on political instability, terrorist threats and
other factors shaking confidence in the worldâ?Ts crude markets.
http://msnbc.msn.com/id/11698630/
Citibank cuts off some ATM cards
Citibank issued a statement Monday saying it had some U.S. accounts that were
being hit by fraudulent cash withdrawals in Canada, the U.K. and Russia.
http://msnbc.msn.com/id/11714119/
Surprise: Stores can't set credit card minimum
Can shops set a minimum on card purchases? And how do I change cell phone
carriers? Herb Weisbaum answers these and other questions is his weekly 'Ask
the ConsumerMan' column on MSNBC.com.
http://msnbc.msn.com/id/11697094/
Public Storage to buy Shurgard in $3.2 bln deal
Public Storage Inc., a real estate investment trust that owns self-storage
centers, said Tuesday it agreed to acquire rival Shurgard Storage Centers Inc.
for $3.2 billion, after having its first offer rebuffed last year.
http://msnbc.msn.com/id/11709627/
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