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Intelligence reports paint gloomy picture of Afghanistan ahead of Obama's review

Intelligence paints gloomy Afghan picture ahead of Obama's review

The war in Afghanistan is unlikely to be won, US Intelligence reports suggest. Even as President Barack Obama is all set to announce policy review on the war in Afghanistan, two classified reports state that it could be improbable to end Taliban and Al Qaeda insurgency in the Tribal regions of the country. The reports however, have fueled a bitter row between the intelligence agencies and the military over who has a better perspective and proximity in the war zone.
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Novartis AG headquarters in Basel, Switzerland

Novartis Clinches Alcon In $12.9 Bln Deal

Swiss drug maker Novartis will pay $12.9 billion to buy the remaining shares of Alcon it doesn't already own to broaden its presence in the booming eye-care market, which is expected to outgrow the pharmaceuticals market in coming years.
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Australian dollar off parity vs greenback on profit booking

The Australian dollar that rose above parity on Tuesday helped by renewed risk appetite after the US Fed's decision to keep its accommodative policy intact for an extended period of time, but was down across the board in Asian trade on Wednesday as investors booked profit.
An honor guard trumpeter plays during the ceremony on the ninth anniversary of the 9/11 attacks at the site of Ground Zero in New York September 11, 2010.

Lawmakers tangle on Zadroga bill

The partisan tensions surrounding the healthcare and compensation bill for sick Ground Zero workers today broke into an open war of words between U.S. Sen. Mike Enzi, R-WY, and two of the bill’s authors.
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Fraudster Madoff's son found dead

US fraudster Bernard Madoff's son has been found dead at his Manhattan apartment in New York, according to US media reports. Police suspect that forty six-year-old Mark Madoff, could have committed suicide.
Terrestar Bankruptcy

TerreStar, Creditors Spar In Bankruptcy Court

TerreStar Networks will have to wait a bit longer before it can move forward with its hotly contested bankruptcy plan, losing a bid to get its disclosure statement approved quickly.
Founder of the Feal Good Foundation John Feal (center) speaks as Rep. Jerrold Nadler D-NY (left) and Rep. Carolyn Maloney (right, background) look on.

First responders call on Congress to act

Declaring, “This game is not yet over!” Rep. Carolyn Maloney, D-NY, was joined by her Congressional colleague, Rep. Jerrold Nadler, D-NY, a few dozen first responders and about 50 supporters today in Lower Manhattan to demand that Congress pass the health and compensation act for the people who got sick working at Ground Zero in the aftermath of the 9/11 terrorist attacks.

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