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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 11857.81 +7.60
NASDAQ: 2311.77 +11.78
S&P 500: 1350.66 +1.08
AMEX: 1887.45 +5.78
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Korea fears keep Wall Street on edge
Stocks finished Mondayâ?Ts seesaw session up modestly, after the U.N. Security
Council condemned North Korea over its claim of an underground nuclear test.
http://msnbc.msn.com/id/3683270/
Airbus CEOâ?Ts resignation accepted
Airbus chief executive Christian Streiff resigned Monday after a little more
than three months as head of the troubled European plane maker and parent
company EADS named one of its own co-CEOs to replace him.
http://msnbc.msn.com/id/15196345/
Google buys YouTube for $1.65 billion
Google Inc. snapped up YouTube Inc. for $1.65 billion Monday in deal that
catapults the Internet search leader to a leading role in the online video
revolution.
http://msnbc.msn.com/id/15196982/
Oil prices rise above $60 a barrel
Oil prices briefly rose past $61 a barrel Monday on expectations that OPEC may
be plotting its first output cut in nearly two years.
http://msnbc.msn.com/id/12400801/
Giant African diamond sells for over $12 million
The biggest diamond to be found in 13 years, the "Lesotho Promise", was sold on
Monday at auction for more than $12 million and is expected to fetch in excess
of $20 million once it is cut up.
http://msnbc.msn.com/id/15195458/
Cablevision shareholders offered buy out
The family that controls Cablevision Systems Corp. offered to take the company
private Monday in a deal that values the cable television operator at $7.9
billion. It was the second time in less than two years that the mercurial Dolan
family has tried to buy out public shareholders.
http://msnbc.msn.com/id/15194263/
Gas prices down another 14 cents
The average price of a gallon of gasoline in the United States fell just over
14 cents in the past two weeks to some 75 cents below highs seen in August, but
prices could be headed higher again, according to an industry analyst.
http://msnbc.msn.com/id/15188547/
American wins Nobel economics prize
American Edmund S. Phelps wins the 2006 Nobel Memorial Prize in Economic
Sciences on Monday for his analysis of short-run and long-run trade offs in
macroeconomic policy.
http://msnbc.msn.com/id/15194035/
What's a 'mortgage accelerator'?
With higher interest rates putting the squeeze on borrowers, a number of
readers have heard from a new crop of companies offering a plan toÂ
"accelerate" their mortgages and save them a bundle. MSNBC.com's Answer Desk
has the details -- including some important points the people selling this
product won't tell you.
http://msnbc.msn.com/id/15145783/
PNC Financial buying rival for $6 billion
PNC Financial Services Group Inc., one of the nationâ?Ts biggest regional
banking companies, is buying the Mid-Atlantic region banker Mercantile
Bankshares for about $6 billion in cash and stock.
http://msnbc.msn.com/id/15194807/
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