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Evening Business Brief

February 11, 2010, 6:39 PM

Evening Business Brief
Stocks managed an advance Thursday. The Dow rose 106 points to 10,144. The S&P gained 10 points and the Nasdaq added 30 points.
  • Senate Democrats have proposed a new, stripped-down version of their jobs bill in hopes of getting it through Congress quickly. Senate Majority Leader Harry Reid unveiled the plan, which blows apart an agreement with key Republicans who worked with Democrats for weeks to produce a bill containing extra provisions.
  • Crude prices continued to rise after a a prediction out of Europe that oil demand will grow this year slightly more than thought. Benchmark crude for March delivery added 76 cents to settle at $75.28 a barrel on the New York Mercantile Exchange.
  • Google has bought Aardvark, an Internet site that helps users find answers to questions. The site's co-founder confirms the sale, but isn't saying how much it was for.
  • American Airlines says its 70,000 employees will get $10 million - an average of $147 each. The payout comes after the carrier topped its fourth-quarter performance goals.

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