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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 11317.43 +81.96
NASDAQ: 2303.35 +9.12
S&P 500: 1305.04 +7.81
AMEX: 1904.13 +7.65
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks climb after Bristol-Myers settlement
Stocks finished Wednesday up sharply on news of a patent settlement by
Bristol-Myers Squibb, strong earnings from Morgan Stanley and a deal between
General Motors Corp., Delphi Corp. and the United Auto Workers.
http://msnbc.msn.com/id/3683270/
GM seals union deal to speed worker retirement
General Motors Corp. and auto parts supplier Delphi Corp. announced deals with
the United Auto Workers on Wednesday that would help the struggling companies
cut labor costs by offering early-retirement buyouts to 113,000 U.S. hourly
workers.
http://msnbc.msn.com/id/11957866/
Ex-Enron treasurer says Skilling, Lay lied
Enron Corp. founder Kenneth Lay worried in 2001 that the companyâ?Ts mounting
financial problems would jeopardize its credit rating and inquired about
managing its accounting to avoid a downgrade, a former Enron treasurer
testified Wednesday.
http://msnbc.msn.com/id/11962444/
Writing a good will â?" it's all relative
No one wants to acknowledge their own mortality, especially in writing. This
is probably why avoiding doing so is the favored estate plan for many
Americans. It has been estimated that 70 percent of all adults â?" many of whom
are parents of minor children â?" Â do not have wills.Â
http://msnbc.msn.com/id/11961239/
Demand for home loans at lowest level this year
Consumer demand for home mortgage loan applications fell last week to the
lowest level this year despite a marked drop in interest rates, as industry
trade group said on Wednesday.
http://msnbc.msn.com/id/11961817/
Rolling Rock beer on the block?
The worldâ?Ts biggest brewer, InBev, is looking to sell its U.S. domestic beer
brand Rolling Rock after struggling to revive the iconic brand over the last
decade, sources close to the matter said on Wednesday.
http://msnbc.msn.com/id/11960569/
Wal-Mart turns attention to upscale shoppers
Wal-Mart Stores Inc. has overcome its rural roots and downscale image to
attract affluent shoppers, but executives admit that many of those well-heeled
consumers come only for cheap groceries and steer clear of the other
merchandise.
http://msnbc.msn.com/id/11957536/
Morgan Stanleyâ?Ts earnings set new records
Net income at Wall Street firm Morgan Stanley rose 17 percent in its fiscal
first quarter, the company said Wednesday, on record revenues stemming from
growth in both investment banking and fixed-income trading.
http://msnbc.msn.com/id/11957829/
Airbus A380: One piece at a time
The logistical challenge of building the Airbus A380, the world's biggest
passenger jet, is every bit as awesome as the plane.
http://msnbc.msn.com/id/11960665/
Lower losses seen for airlines in 2006
Higher fares and lower labor costs will help the global airline industry combat
soaring jet-fuel prices and trim its losses in 2006, an industry group said
Wednesday.
http://msnbc.msn.com/id/11961990/
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