Former Rep. Christopher Lee is probably waking up this morning wondering what the heck just happened. The congressman from upstate N.Y. lost his shirt, then his seat in what has to be the fastest scandal to go from beginning to conclusion on record.
There are some big headlines today in the business world. The Journal reports that Twitter is being looked at as a potential takeover target by both Facebook and Google, which value the social media site in a mind-boggling $8 billion to $10 billion price range. Also in takeover talks: the Big Board. A German stock exchange is reportedly close to buying the New York Stock Exchange in a deal that would put Europeans in control of one of the country's most iconic financial institutions and could land a serious blow to the reputation of New York City as the financial capital of the world. Top headlines today:
- Protests, Strikes and Media Shift Intensify Pressure on Mubarak (Washington Post)
- Working Class Join Revolt (McClatchyDC)
- NYT: Wired and Shrewd, Young Egyptians Guide Revolt (New York Times)
- Lee: 'Profound Mistakes' Lead to Resignation (Buffalo News)
- WBEN: How Gawker Got the Story (WBEN)
- Republicans in House Battle Turmoil in Their Ranks (New York Times)
- Boehner Faces First Defections (Roll Call)
- Growing Pains for House GOP (Politico)