Iowa Caucus: Former Massachusetts governor Mitt Romney beat former senator Rick Santorum (Pa.) in the Iowa caucuses by just eight votes, with Ron Paul finishing third, The Washington Post reports.
Verdict Tossed: A Mississippi court has jettisoned what was considered the largest single-plaintiff asbestos award in U.S. history, months after the trial judge was kicked off the case because of a conflict of interest, The Wall Street Journal reports.
Firms Sued: A group of investor clients of Stanford Financial Group is suing law firms Proskauer Rose, Chadbourne & Parke and a partner who worked at both firms for millions the plaintiffs say they lost in a bogus investment scheme, Reuters reports.
Betting on Yes: Even as U.S. regulators take a tougher stance on takeovers, traders are convinced they can reap the biggest return in America by betting Express Scripts Inc. will win antitrust approval to buy Medco Health Solutions Inc., Bloomberg reports.
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