| Sanofi to buy Genzyme for at least $20.1 billion | | February 16, 2011 06:02 AM ET | | 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 | | Borders files for bankruptcy, to close stores | | February 16, 2011 07:52 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 | |  | | US TOP NEWS | | Military eager for Egypt to return to work | | February 16, 2011 07:43 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 | | Madoff says banks had to know of Ponzi scheme: report | | February 15, 2011 10:14 PM ET | | NEW YORK (Reuters) - A frail Bernard Madoff, facing the rest of his life in prison, said a variety of banks and hedge funds were complicit in and "had to know" about his epic Ponzi scheme before it was uncovered, The New York Times reported. | 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 |  | | |
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