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Sanofi to buy Genzyme for about $19 billion: sources
BOSTON/PHILADELPHIA (Reuters) – Sanofi-Aventis SA (SASY.PA) has reached an agreement in principle to buy Genzyme Corp (GENZ.O) for about $19 billion in cash plus future payments based on the performance of an experimental Genzyme drug, according to two sources with knowledge of the talks.Under the agreement, Genzyme investors will receive $74 per share in cash…
Defending champ Verdasco advances at ATP San Jose
SAN JOSE, California (AFP) – Top seed and defending champion Fernando Verdasco of Spain breezed into the second round of $600,000 SAP Open ATP hardcourt tournament.Verdasco rolled over US wild card Rajeev Ram 6-3, 6-2 in 61 minutes to book a second-round match Thursday against Croatian Ivo Karlovic, who smashed 19 aces in defeating American…
Egyptian Nobel laureate Zewail: Mubarak must leave
CAIRO – Egyptian-American scholar and Nobel laureate Ahmed Zewail added his weight Sunday to calls for President Hosni Mubarak to step down to help end the standoff with anti-government protesters.Zewail, who has been living in the United States, returned to Egypt Sunday and met with government officials and young protesters to help mediate a resolution…
Celtics overcome slow start, beat Kings 95-90
SACRAMENTO, Calif. – Ray Allen scored 22 points, Rajon Rondo had 17 points and 10 assists and the Boston Celtics overcame a slow start to beat the Sacramento Kings 95-90 on Tuesday night.Paul Pierce added 15 points and Kevin Garnett had 12 to help the Celtics (37-11) pull away in the fourth quarter and clinch…
Breakthrough after U.S. warns China on North Korea
SEOUL/WASHINGTON (Reuters) – The United States warned China it would redeploy forces in Asia if Beijing failed to rein in North Korea, an Obama administration official said on Friday, as Pyongyang bowed to Seoul's demands for crisis talks.President Barack Obama's warning had persuaded China -- the North's main diplomatic and economic backer -- to take…
T-Mobile USA gets orders to grow revenue, cut cost
NEW YORK – T-Mobile USA, the country's fourth-largest wireless carrier, has some tough marching orders from its German parent company: do a better job of keeping your customers while cutting costs. And don't expect help from Germany.Rene Obermann, the CEO of parent company Deutsche Telekom AG, on Thursday said the goal is to have T-Mobile…
Ronaldo hat-trick gives Real edge for Barcelona
MADRID (AFP) – Jose Mourinho's Real Madrid will have the upper hand for the Clasico showdown at Barcelona's Camp Nou in nine days time after Cristiano Ronaldo scored a hat-trick in a 5-1 home win over Athletic Bilbao on Saturday moving them back to the Spanish first division summit a point above their bitter rivals.Barcelona…
TheDC Analysis: Mary Katharine Ham speaks out on Juan Williams and the speech police
A week ago, minutes before Juan Williams and I went on “The O’Reilly Factor” to tape the segment that got him fired by NPR, we had a rather prescient conversation.Juan has been a colleague and close friend for several years, and we often chat in the green room before our weekly segments on Bill O’Reilly’s…
A Serial Killer on the Loose in L.A.
NEW YORK – The murders were committed years and miles apart. But in exclusive interviews with The Daily Beast's Christine Pelisek, investigators reveal that the crime wave may be the work of the same killer.The first body was found in a patch of weeds in L.A.'s industrial wastelands. The victim, a woman, was naked; her…
G-20 refuses to back US push on China's currency
SEOUL, South Korea – Leaders of 20 major economies on Friday refused to back a U.S. push to make China boost its currency's value, keeping alive a dispute that raises fears of a global trade war amid criticism that cheap Chinese exports are costing American jobs.A joint statement issued by the leaders including President Barack…
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