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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 12116.91 +114.54
NASDAQ: 2355.56 +13.26
S&P 500: 1377.02 +8.42
AMEX: 1946.33 +9.67
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Dow industrials surge to new record high
Wall Street extended its October rally Monday, with the Dow Jones industrial
average chalking up a triple-digit gain and crossing 12,100 for the first time,
as investors grew more optimistic about upcoming earnings reports and welcomes
a decline in oil prices.
http://msnbc.msn.com/id/3683270/
Ford loses $5.8 billion in the third quarter
Ford Motor Co. said Monday its ongoing restructuring effort to reshape the
company and cut expenses so it can compete better against lower-cost overseas
rivals will lead to the largest quarterly loss in more than 14 years.
http://msnbc.msn.com/id/15384829/
Gas prices drop another 8 cents
U.S. retail gas prices were down again in the last two weeks, shedding almost 8
cents a gallon, according to a survey released Sunday.
http://msnbc.msn.com/id/15376738/
Enron's Skilling gets 24 years
Former Enron CEO Jeffrey Skilling, the most vilified figure from the most
notorious financial scandal of the decade, was sentenced Monday to 24 years,
four months in the harshest sentence yet in the case that came to symbolize
corporate fraud in America.
http://msnbc.msn.com/id/15389150/
How much is the war in Iraq costing us?
With no end in sight to turmoil in Iraq and Congress borrowing hundreds of
billions to pay for the war, Dave in North Dakota wants to know: just what is
all this costing us?  MSNBC.com's Answer Desk adds up the bill.
http://msnbc.msn.com/id/15377059/
Wal-Mart plans slower store expansion in '07
Wal-Mart Stores Inc. will sharply reduce the growth in its capital spending
next year and expand its retail space at a slightly lower pace than in previous
years as the world's largest retailer works to bring costs into line with a
slowdown in its sales and earnings growth. Its shares rose more than 4 percent.
http://msnbc.msn.com/id/15386752/
Two men plead guilty in Coke trade-secrets trial
The two men accused of plotting with a secretary at Coca-Cola Co. to steal
trade secrets from the beverage maker each pleaded guilty Monday to one count
of conspiracy.
http://msnbc.msn.com/id/15386767/
IBM sues Amazon for violating patents
IBM Corp. filed two lawsuits against Amazon.com Inc. on Monday, claiming key
aspects of the Internet retailer's Web sites violate patents held by Big Blue.
http://msnbc.msn.com/id/15386672/
Wireless results help lift AT&T's profit
AT&T Inc.â?Ts third-quarter earnings rose 74 percent to $2.17 billion, above
Wall Street estimates, boosted by last yearâ?Ts acquisition of its former
corporate parent as well as strong growth and profit margins at Cingular
Wireless.
http://msnbc.msn.com/id/15385306/
American Express profit tops projections
American Express Co. said Monday its third-quarter profit topped Wall Street
projections, reflecting robust returns from its credit-card business and loan
growth.
http://msnbc.msn.com/id/15389502/
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