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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 12176.54 +19.77
NASDAQ: 2384.94 +9.06
S&P 500: 1385.72 +2.88
AMEX: 1993.68 +12.29
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Stocks climb after Democratic wins
Stocks closed Wednesday with a modest gain, driving the Dow Jones industrial
average to a new record closing high, as Wall Street grew more confident that a
huge victory by Democrats in congressional elections would result in gridlock
and keep lawmakers on the sidelines out of the way of business interests.
http://msnbc.msn.com/id/3683270/
Change in Senate could widen business impact
Now, with a possible majority in the Senate turning on a single undecided race
Wednesday, complete control of the Congress could give the party an even
stronger base for a new business and economic agenda. By MSNBC'S John W. Schoen
http://msnbc.msn.com/id/15614826/
Big Oil seen a target in new Congress
Big oil companies will be a top target of Democratic lawmakers when they
officially take over the House of Representatives early next year.
http://msnbc.msn.com/id/15622224/
Los Angeles moguls bid for Tribune Co.
Billionaire businessman Eli Broad and supermarket magnate Ron Burkle have
teamed up to submit a bid for the Tribune Co., The Associated Press has learned.
http://msnbc.msn.com/id/15624883/
Philadelphia Inquirerâ?Ts editor to quit
The editor of Philadelphiaâ?Ts largest newspaper will step down at the end of
the year as the companyâ?Ts new owners seek contract concessions, including
deep newsroom cuts, in response to falling circulation and advertising revenue.
http://msnbc.msn.com/id/15625186/
Wal-Mart price cuts to have broad impact
Wal-Mart's recent move to slash prices for baby food is symptomatic of whatâ?Ts
shaping up as a bruising brawl likely to break out among retailers nationwide
as the nation's biggest retailer tries to re-ignite sales growth at its stores.
http://msnbc.msn.com/id/15591087/
Japan halts beef imports from U.S. meatpacker
Japan said Wednesday it has halted beef imports from one U.S. meatpacking plant
after finding a shipment with improper documentation, a development that may
test the public's concern about the safety of American beef imports.
http://msnbc.msn.com/id/15620505/
NYSE Group cutting more than 500 jobs
NYSE Group Inc., the operator of the New York Stock Exchange, on Wednesday said
it will cut more than 500 jobs to cut costs, eliminate duplicate services and
leverage the results of its March acquisition of the Archipelago electronic
exchange.
http://msnbc.msn.com/id/15622246/
Airbus parent EADS posts loss on A380 delays
Airbus parent EADS said Wednesday it swung to a third-quarter loss due to
problems at the European aircraft maker and warned that the freighter version
of its A380 superjumbo could suffer more order cancellations.
http://msnbc.msn.com/id/15622190/
Glimmers of hope at U.S. automakers
It has been a difficult few years for the American automakers, with the
nationâ?Ts Big Three â?" General Motors, Ford and Chrysler â?" taking their
fair share of knocks. But some see glimmers of hope. By MSNBC.comâ?Ts Roland
Jones.
http://msnbc.msn.com/id/15588673/
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