Hot sectors in a tepid recovery
The energy, finance, technology and healthcare industries are expected to be the hottest areas for dealmaking in 2010. Full Article | Full Coverage
Obama may consider Summers as Fed chief - Democrat
CHICAGO, Nov 21 (Reuters) - U.S. President-elect Barack Obama may consider Lawrence Summers as a successor to Federal Reserve Chairman Ben Bernanke, whose term expires in January 2010, a Democratic source told Reuters on Friday.
The New York Times reported that Summers, a former treasury secretary, is likely to be named as an economic adviser to Obama with the expectation that he will eventually be tapped for the Federal Reserve Board.
Citing two sources familiar with the Obama transition, the newspaper also said Summers could perhaps succeed Bernanke. (Reporting by Caren Bohan; Editing by John O'Callaghan)
