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U.S. Top News Early Edition: February payrolls jump, jobless rate near 2-year low

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03/4/2011
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LATEST NEWS
February payrolls jump, jobless rate near 2-year low
WASHINGTON (Reuters) - Employers hired more workers in February than in any month since May last year and the unemployment rate fell to a near two-year low, the strongest sign yet the recovery has become self-sustaining. | Full Article
Shots fired in Tripoli, rebels advance in east
March 04, 2011 09:03 AM ET
TRIPOLI (Reuters) - Rebels vowing "victory or death" clashed with Muammar Gaddafi's forces near a key oil terminal and gunfire rang out in the capital as opposition protesters gathered on Friday in the strongman's last bastion. | Full Article
Wisconsin's Walker vows no compromise on unions
March 04, 2011 12:22 AM ET
MADISON, Wis (Reuters) - Wisconsin Governor Scott Walker vowed on Thursday never to compromise on the core of his plan to curb the power of public sector unions and said investors should buy the state's bonds precisely because he was taking a tough stance. | Full Article
Courtroom showdown in Galleon trading probe
March 04, 2011 07:49 AM ET
NEW YORK (Reuters) - A sweeping insider trading case that shook the hedge fund world is finally set for trial, with onetime billionaire Raj Rajaratnam fighting to stay out of prison in a courtroom drama over corporate secrets, tapped telephones and friends-turned-government witnesses. | Full Article
Special report: Weapons and the art of diplomacy
March 04, 2011 09:19 AM ET
NEW YORK (Reuters) - When Lockheed Martin wanted to sell C-130 military transport planes to the government of Chad in early 2007, the U.S. embassy in N'Djamena was ready to lend a hand. | Full Article
BUSINESS NEWS
Futures suggest flat open after February payrolls
March 04, 2011 09:20 AM ET
NEW YORK (Reuters) - Stock index futures pointed to a flat open on Friday as February's jobs report came in better than expected but fell short of the most optimistic expectations. | Full Article
Oil climbs higher as Libyan fighting intensifies
March 04, 2011 09:23 AM ET
LONDON (Reuters) - Crude oil rose on Friday, with Brent staying above $115 a barrel, as Libyan security forces began a violent crackdown on protesters in Tripoli and clashed with rebels near the major oil terminal of Ras Lanuf. | Full Article
Banks receive proposals on troubled mortgages: report
March 04, 2011 09:00 AM ET
(Reuters) - U.S. banks received a proposal from state attorneys general and several federal agencies that could require them to reduce loan balances of troubled mortgage borrowers, the Wall Street Journal said, citing people familiar with the matter. | Full Article
Lehman battles investors over derivative payouts
March 04, 2011 08:51 AM ET
LONDON (Reuters) - A legal tussle between defunct Lehman Brothers and investors in highly complex debt vehicles has drawn attention from financial professionals and British football clubs alike. | Full Article
WPP finds cautious firms favor ad spending
March 04, 2011 09:20 AM ET
LONDON (Reuters) - Western companies flush with cash but reluctant to commit to longer-term investments spent heavily on advertising in 2010 and especially on TV, boosting the world's biggest ad group WPP in the U.S. and Britain. | Full Article
HEALTH NEWS
Pfizer arthritis drug meets main goals of trial
Texas approves bill requiring sonogram before abortion
Fear battles fatalism in Africa's AIDS fight
FDA staff question dosing for Novartis lung drug
Ista raises concerns over labeling of eye drug copy
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Police: Gun malfunctioned in Germany shooting

 
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CBS News.com - Daily News Summary
March 04, 2011 | DAILY NEWS SUMMARY
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CBS NEWS TOP STORIES

Police: Gun malfunctioned in Germany shooting

Authorities say incident which left 2 U.S. airmen dead, blamed on 21-year-old ethnic Albanian, could have been worse
Read full story
Police: Gun malfunctioned in Germany shooting
Mich. high school player dies after winning shot

Mich. high school player dies after winning shot

Western Michigan high school basketball player Wes Leonard mysteriously collapses and dies after winning game


Anti-Qaddafi protesters take to Tripoli streets

Anti-Qaddafi protesters take to Tripoli streets

New demonstrations calling for Libyan leader's ouster take hold in capital, raising specter of more violence


John Edwards lands "heavy hitter" in Greg Craig

John Edwards lands "heavy hitter" in Greg Craig

Former White House lawyer joins Edwards' legal team as he tries to avoid campaign finance indictment; Actually joined team 6 weeks ago


Agent: I was ordered to let U.S. guns into Mexico

Agent: I was ordered to let U.S. guns into Mexico

ATF agent says "Fast and Furious" program let guns "walk" into hands of Mexican drug cartels with aim of tracking and breaking a big case


Calif. sea otters mysteriously disappearing

Calif. sea otters mysteriously disappearing

Sharks and mysterious illnesses start to threaten the California sea otter population


Unemployment rate drops to 8.9 percent

Unemployment rate drops to 8.9 percent

Labor Department says economy added 192,000 jobs last month; unemployment rate at lowest level in nearly two years


Anti-Qaddafi protesters take to Tripoli streets

Anti-Qaddafi protesters take to Tripoli streets

New demonstrations calling for Libyan leader's ouster take hold in capital, raising specter of more violence


Police: Gun malfunctioned in Germany shooting

Police: Gun malfunctioned in Germany shooting

Authorities say incident which left 2 U.S. airmen dead, blamed on 21-year-old ethnic Albanian, could have been worse


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