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Today's Business Headlines - Market Close from MSNBC.com
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Market Closing Prices
DJIA: 12194.13 -27.80
NASDAQ: 2413.21 -18.56
S&P 500: 1396.71 -3.92
AMEX: 2066.09 -3.07
Wall Street Watch: Complete coverage
http://www.msnbc.msn.com/id/3032221/
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Business
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Markets stumble on manufacturing data
Wall Street stumbled Friday after a key survey showed manufacturing
unexpectedly contracted in November for the first time in more than three
years, stoking concerns the economy wonâ?Tt be able to achieve a soft landing.
http://msnbc.msn.com/id/3683270/
U.S. manufacturing sector contracts
The nationâ?Ts manufacturing sector contracted in November for the first time
in more than three years, a trade group said Friday.
http://msnbc.msn.com/id/15986850/
U.S. construction activity plunges
Construction activity in October plunged by the largest amount since the
recession in 2001 as home building fell for a record seventh consecutive month.
http://msnbc.msn.com/id/15986833/
Report: Kerkorian sells all his GM shares
General Motors Corp.â?Ts painful process of reinventing itself apparently will
proceed without Kirk Kerkorian, whose ownership of almost 10 percent of the
worldâ?Ts largest automaker failed to leverage the changes he sought.
http://msnbc.msn.com/id/15971257/
OPEC seen ready to cut again
OPEC is likely to trim production again, the president of the oil cartel said
Friday, adding that he expects a cut of at least 500,000 barrels a day.
http://msnbc.msn.com/id/15985398/
Chrysler offers $1,000 incentives
DaimlerChrysler AG's Chrysler Group is offering $1,000 incentives for the
purchase or lease of most of its 2006- and 2007-model vehicles through Jan. 2.
http://msnbc.msn.com/id/15985404/
Bernanke serves policy for breakfast
Federal Reserve Chairman Ben Bernanke served up "intellectual food" to visiting
bankers Friday, offering a smorgasbord of high-calorie topics like mortgage
markets, inflation expectations and optimal monetary policy.
http://msnbc.msn.com/id/15986224/
WP: Boeing prepares to build Dreamliner
Boeing's 787 Dreamliner exists largely in the minds and computers of its
engineers. But that hasn't tempered the excitement of airline executives eager
to get their hands on the plane. Built with high-tech materials, the aircraft
promises superb fuel efficiency, a quieter ride and more room for passengers.
http://msnbc.msn.com/id/15976637/
Minimum wage hike won't go far
A proposed hike that would bring the Federal minimum wage to $7.25 would give
workers their first raise since the Federal minimum increased to $5.15 in
1997. But some low-income workers and their advocates say the wage increase is
not a way out of poverty.
http://msnbc.msn.com/id/15975429/
Italian government to cut Alitalia stake
The Italian government announced plans Friday to sell down its 49.9 percent
stake in cash-strapped Alitalia SpA as part of its efforts to turn around the
nation's flagship airline.
http://msnbc.msn.com/id/15984891/
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