| 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 | |  | | 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 | | | | HEALTH NEWS | | | | | RELATED VIDEO | | |  |  | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. |  | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. |  | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | | » MORE NEWSLETTERS | | | ODDLY ENOUGH | | | |
