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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 11382.91 +12.97
NASDAQ: 2185.73 +13.43
S&P 500: 1304.27 -0.01
AMEX: 2021.14 +12.84
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Blue chips edge up after upbeat economic data
Wall Street made a modest advance in light pre-holiday trading Wednesday,
boosted by weakening oil prices and a gross domestic product report that showed
the economy expanding at a faster pace than previously thought.
http://msnbc.msn.com/id/3683270/
Ever heard of raisin tasting?
Pity the poor raisin. It starts life as a middle-class grape and never attains
the social status of its cousins â?" chardonnay, cabernet sauvignon and others
destined to become fine wine. But researchers are now offering a new boost
for the humble raisin.
http://msnbc.msn.com/id/14576073/
Second quarter economic growth revised up
The economy grew at a 2.9 percent annual rate in the spring â?" better than
first estimated but nowhere near the brisk pace logged in the winter, another
sign of slowing business growth. Inflation marched higher.
http://msnbc.msn.com/id/14583357/
'Exotic' mortgages seen losing their allure
Interest-only and adjustable-rate mortgages that fueled the real-estate boom
are beginning to hurt the homeowners they once helped. Higher interest rates
and the end of honeymoon periods for adjustable rate loans are causing payment
shock for homeowners. -- By Vanessa Richardson
http://msnbc.msn.com/id/14584569/
Western auto execs woo newly rich Russians
Besuited Western car manufacturing executives flocked to Moscowâ?Ts annual car
show on Wednesday to woo newly rich Russians who have spurred a boom in luxury
sales.
http://msnbc.msn.com/id/14586151/
Boeing, Airbus plan to invest heavily in India
Boeing Co. and Airbus plan to invest heavily in India to build maintenance
centers and training facilities as the aircraft makers compete for a larger
share in one of the world's fastest growing markets for commercial jets.
http://msnbc.msn.com/id/14587480/
Oil prices fall after inventory report
Oil prices fell Wednesday after the U.S. government reported a rise in oil
inventories, easing supply worries as the Thursday deadline neared for Iran to
halt its nuclear program.
http://msnbc.msn.com/id/12400801/
Defense CEOs see pay double since 9/11
The chief executives of corporations making big profits from the war on terror
are enjoying far bigger pay increases than CEOs of nondefense companies,
according to a study by two liberal groups.
http://msnbc.msn.com/id/14584694/
Apple working on labor issue at iPod plant
Apple Computer Inc. said Wednesday it was working to resolve a dispute over
alleged labor abuses by an iPod manufacturer in China.
http://msnbc.msn.com/id/14582152/
Altria increases its quarterly dividend
Altria Group Inc. Wednesday raised its quarterly dividend 7.5 percent to 86
cents a share, less than some analysts had expected.
http://msnbc.msn.com/id/14585083/
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