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U.S. Top News Early Edition: Gaddafi force strike rebels in west and east Libya

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03/8/2011
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Gaddafi force strike rebels in west and east Libya
RAS LANUF, Libya (Reuters) - Libyan warplanes struck at rebel forces behind the war's eastern frontlines on Tuesday, stepping up the government offensive to roll back their early gains in the insurrection against Muammar Gaddafi. | Full Article
Rajaratnam faces jury in Galleon insider trading case
March 08, 2011 05:14 AM ET
NEW YORK (Reuters) - The criminal trial of Galleon hedge fund founder Raj Rajaratnam begins on Tuesday with jury selection in a case at the heart of the biggest insider trading investigation in a generation. | Full Article
OPEC mulls boosting output, Iran sees no need
March 08, 2011 07:38 AM ET
KUWAIT/DUBAI (Reuters) - OPEC oil producers are consulting about a supply boost but many in the group remain skeptical, saying high prices are due to fears of shortage and world supply is comfortable despite the loss of Libyan crude. | Full Article
WikiLeaks: EADS execs briefed U.S. on internal feud
March 08, 2011 06:19 AM ET
PARIS (Reuters) - A litany of back-stabbing at Europe's top aerospace group is exposed in leaked U.S. cables, which show American diplomats avidly collecting details on the cracks in U.S. planemaker Boeing's main rival. | Full Article
Afghan leader steps up criticism during Gates trip
March 08, 2011 06:53 AM ET
KABUL (Reuters) - Afghan President Hamid Karzai stepped up criticism of Western institutions and military forces on Tuesday, accusing them of acting at crossed purposes and deepening rifts reopened by a spate of civilian casualties. | Full Article
BUSINESS NEWS
Stocks to open flat on oil uncertainty
March 08, 2011 09:03 AM ET
NEW YORK (Reuters) - U.S. stock index futures pointed to a flat open on Tuesday as more turmoil in Libya indicated a resolution was not close and a drop in oil prices failed to ease investor worry about the economic recovery. | Full Article
McDonald's February sales up worldwide
March 08, 2011 09:33 AM ET
NEW YORK (Reuters) - McDonald's Corp said global sales at established restaurants in February rose 3.9 percent, as strong sales in Europe helped offset a U.S. market that was hit by high unemployment and rising gasoline prices. | Full Article
Brown-Forman raises forecast
March 08, 2011 09:13 AM ET
DETROIT (Reuters) - Brown-Forman Corp , the maker of Jack Daniel's whiskey, posted a stronger-than-expected 30 percent increase in quarterly profit helped by strong demand in emerging markets, and it raised its full-year outlook. | Full Article
Bank of America sees relatively high expenses
March 08, 2011 08:58 AM ET
NEW YORK (Reuters) - Bank of America Corp could have relatively high expenses for the next two years as it wrestles with mortgage losses, but longer term it plans to cut costs to improve profitability, its chief executive said. | Full Article
Axel Weber: Markets have understood ECB correctly
March 08, 2011 09:14 AM ET
FRANKFURT (Reuters) - Markets have understood the European Central Bank's policy signals, ECB policymaker Axel Weber said on Tuesday, adding he did not want to correct expectations for rates to be at 1.75 percent by year's end. | Full Article
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U.S. student Austin Bice's body found in Madrid

 
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CBS News.com - Daily News Summary
March 08, 2011 | DAILY NEWS SUMMARY
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CBS NEWS TOP STORIES

U.S. student Austin Bice's body found in Madrid

22-year-old exchange student from San Diego State University disappeared on Feb. 26; body found in river
Read full story
U.S. student Austin Bice's body found in Madrid
Giffords may be present when husband blasts off

Giffords may be present when husband blasts off

Family sets goal for Rep. Gabrielle Giffords to attend astronaut husband's shuttle launch next month; Doctors express hope


Libya continues bombarding rebels in Ras Lanouf

Libya continues bombarding rebels in Ras Lanouf

Pro-Qaddafi forces keep up counteroffensive in key oil port; NATO ramps up surveillance flights   More Coverage


Wes Leonard's team pays tribute with tourney win

Wes Leonard's team pays tribute with tourney win

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Charlie Sheen fired from "Two and a Half Men"

Charlie Sheen fired from "Two and a Half Men"

Warner Bros. releases statement saying actor terminated from hit CBS sitcom, effective immediately   Legal analysis


POW/MIA bracelet worn for nearly 40 years

POW/MIA bracelet worn for nearly 40 years

Kathy Strong was 12 years old when she put on a bracelet to keep vigil for a solider missing in Vietnam -- now it's time for her to take it off


U.S. student Austin Bice's body found in Madrid

U.S. student Austin Bice's body found in Madrid

22-year-old exchange student from San Diego State University disappeared on Feb. 26; body found in river


Giffords may be present when husband blasts off

Giffords may be present when husband blasts off

Family sets goal for Rep. Gabrielle Giffords to attend astronaut husband's shuttle launch next month; Doctors express hope


Libya continues bombarding rebels in Ras Lanouf

Libya continues bombarding rebels in Ras Lanouf

Pro-Qaddafi forces keep up counteroffensive in key oil port; NATO ramps up surveillance flights as allies continue to weight military options


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