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October 09, 2007

Earlybird Roundup: Afghan Clashes, Securities Fraud, Medicaid

World. More than 200 people have been killed on the border between Pakistan and Afghanistan in clashes between the Pakistani government and Taliban and al-Qaida militants.

Iraq. Two bomb attacks likely targeting anti-insurgent Sunni leaders killed more than 20 people in the northern city of Baiji today.

Congress. Senate Majority Leader Harry Reid has assured private equity firms that a tax hike they'd lobbied against won't go through this year.

Courts. The Supreme Court will take up a high-profile securities fraud case today.

Nation. Medicaid spending is on the rise again, climbing 10 percent since last year and setting up a record $330-billion price tag for 2007.

See Earlybird (subscription) for more of this morning's headlines.

Posted at 8:25 AM
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