Eurozone teeters close to technical recession amid contraction
The 17 nation euro area contracted 0.3 percent in Q4 2011, the first drop since 2009, signalling the euro crisis's reach. While early indicators hint at renewed poise, Italy Belgium the Netherlands and Greece remain in recession as the US shows slower growth and improving jobs.
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RBC Capital Markets
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Counterfeit Avastin Found Circulating in United States
The FDA investigates fake Avastin vials sold to 19 doctors and clinics across California Texas and Chicago. Counterfeits imported from Britain breached the U S supply chain raising alarms about growing drug counterfeiting in the United States and its risk to cancer patients.
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Associated Press
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Manufacturing rebound boosts economy and jobs growth
U S factories are hiring more than other sectors and driving growth with higher pay. Obama visits Milwaukee to praise a company that brought jobs back, while experts note manufacturing now employs about 9 percent of U.S. jobs and added 13 percent of new positions last year.
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