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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
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NASDAQ: 2432.23 +19.62
S&P 500: 1399.48 +12.76
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Wall Street Watch: Complete coverage
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Business
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Stocks gain as economy worries fade
Wall Street rose for a second straight session Wednesday after the government's
latest gross domestic product reading showed the economy was in better shape
than expected, easing concerns that growth was moderating too sharply. The Dow
Jones industrials rose 90 points.
http://msnbc.msn.com/id/3683270/site/3000001/
GM working on plug-in version of SUV
General Motors Corp. Wednesday detailed its commitment to building new electric
vehicles as it attempts to shed its reputation for producing gas-guzzling
trucks.
http://msnbc.msn.com/id/15952199/site/3000001/
Fed: Most of U.S. sees moderate growth
Most parts of the country managed to enjoy moderate economic growth in the late
fall despite troubles in the housing market and the automotive industry.
http://msnbc.msn.com/id/15954104/site/3000001/
Toy industry could face sales decline
U.S. toy makers may have trotted out a laughing Elmo, a life-sized miniature
pony and a digital camera for 3-year-olds this year, but the new products may
not be enough to pull the industry out of a slump.
http://msnbc.msn.com/id/15955835/site/3000001/
Holiday season rings in phony absences
One in three workers has called in sick when they're not in the past year, and
the end-of-year holiday season brings a rash of phony absences, experts and
studies say.
http://msnbc.msn.com/id/15950783/site/3000001/
New-home sales fell in October
Sales of new homes in the United States fell in October by the largest amount
in three months, a fresh sign of the cooling taking place in the once-sizzling
housing sector.
http://msnbc.msn.com/id/15951258/site/3000001/
Economy grows by 2.2 percent in 3rd quarter
The economy lost steam in the late summer but not nearly as much as first
thought, a hopeful sign the country is weathering the housing slump.
http://msnbc.msn.com/id/15950023/site/3000001/
Pfizer to cut 2,200 U.S. sales force jobs
Pfizer Inc. said Tuesday it will cut its U.S. sales force by 20 percent, or
2,200 people, as part of a cost-cutting program to transform the company into a
more nimble organization as it struggles with sluggish sales.
http://msnbc.msn.com/id/15949111/site/3000001/
Union uses Wal-Mart workers in TV ad
A union-backed group is to launch two television ads Thursday that feature
Wal-Mart workers calling on their employer to improve working conditions and
make company health insurance more affordable.
http://msnbc.msn.com/id/15954625/site/3000001/
Ford says 38,000 have taken buyouts
Almost half of Ford Motor Co.'s hourly production workers -- 38,000 so far this
year -- have accepted buyouts or early retirement offers as the nation's
second-biggest automaker shrinks in the face of multibillion-dollar losses and
fierce competition from Asian carmakers.
http://msnbc.msn.com/id/15951851/site/3000001/
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