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Rep. Peter King: Al-Qaida Recruiting Killers Inside US


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Rep. Peter King: Al-Qaida Recruiting Killers Inside US
Al-Qaida now is recruiting homegrown killers within the United States, declares House Homeland Security Committee Chairman Peter King. He tells Newsmax.TV that the Obama administration has been too slow to recognize this threat, which is why he has set hearings for next month on the radicalization of American Muslims.
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U.S. Top News Early Edition: Sanofi to buy Genzyme for over $20 billion

Reuters
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02/16/2011
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LATEST NEWS
Sanofi to buy Genzyme for over $20 billion
PARIS (Reuters) - French drugmaker Sanofi-Aventis SA agreed to buy Genzyme Corp with a sweetened $20.1 billion cash offer, plus payments tied to the success of the U.S. biotech group's drugs, the companies said on Wednesday. | Full Article
Labor unrest as Egypt moves towards democracy
February 16, 2011 08:42 AM ET
CAIRO (Reuters) - The military hoped tens of thousands of Egyptians would heed its appeal to get back to work on Wednesday and abandon the strikes and protests that flared after the downfall of Hosni Mubarak offered new freedoms. | Full Article
Obama warns spending cuts could hurt U.S. recovery
February 16, 2011 06:46 AM ET
WASHINGTON (Reuters) - President Barack Obama warned on Tuesday that immediate, deep budget cuts could hurt the fragile economic recovery, but Republicans pressed to slash spending and brushed off concerns about potential job losses. | Full Article
BHP in $80 billion expansion spree, puts off big takeovers
February 16, 2011 07:49 AM ET
MELBOURNE (Reuters) - BHP Billiton plans to pour $80 billion into expansion over the next five years rather than chase ambitious takeovers, the world's biggest miner said after booming demand for iron ore and copper helped nearly double its first-half profits. | Full Article
Macau's Ho restarts legal action against family: lawyer
February 16, 2011 08:48 AM ET
HONG KONG (Reuters) - Macau gaming magnate Stanley Ho has launched a fresh lawsuit against family members he accuses of stealing control of his Hong Kong-listed SJM Holdings Ltd, his lawyer said. | Full Article
BUSINESS NEWS
Wall St set to rise on M&A, earnings
February 16, 2011 09:18 AM ET
NEW YORK (Reuters) - U.S. stocks were set to rise on Wednesday after estimate-beating results from Dell and a deal for Sanofi-Aventis to buy Genzyme for $20.1 billion in cash. | Full Article
Borders files for bankruptcy, to close stores
February 16, 2011 08:45 AM ET
NEW YORK (Reuters) - Borders Group Inc , the second-largest U.S. bookstore chain, filed for bankruptcy protection, after years of sharp sales declines that made it impossible to manage its crushing debt load, and it plans to close nearly one-third of its stores. | Full Article
Producer prices hint at inflation pressures
February 16, 2011 09:22 AM ET
WASHINGTON (Reuters) - U.S. core producer prices in January rose to their highest rate in more than two years, hinting at a build up in inflation pressures as the recovery gathers pace, a potentially troubling development for the Federal Reserve. | Full Article
Comcast results trump expectations
February 16, 2011 09:12 AM ET
NEW YORK (Reuters) - Comcast Corp reported higher-than-expected quarterly earnings as it benefited from surging ad sales and signed up customers to higher-priced packages of cable, voice and broadband service. | Full Article
Deere profit doubles on U.S., Canada sales
February 16, 2011 08:07 AM ET
NEW YORK (Reuters) - Farm equipment maker Deere & Co reported a doubling of quarterly profit on Wednesday amid strong North American sales of large, high-margin machines and price increases, and lifted its full-year profit forecast. | Full Article
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CBS News.com - Daily News Summary
February 16, 2011 | DAILY NEWS SUMMARY
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Pakistan Gov't: US Murder Suspect Has Immunity

Pakistan Gov't: US Murder Suspect Has Immunity

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