CNBC.com's News Now

Friday, Feb. 08, 2008

1. Back to Business: Pimco's co-chief investment officer Mohamed El-Erian is back to business, reports CNBC's Michelle Caruso-Cabrera. 2. Botox Fallout: Shares of Allergan sink after news of a probe into the safety of its Botox product, reports CNBC's Mike Huckman. 3. Norway's $400B Sovereign Wealth Fund: Norwegian Finance Minister Kristin Halvorsen tells CNBC's Erin Burnett how she's spending her country's $400B sovereign wealth fund. 4. Stop Trading, Listen to Cramer! Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett. 5. Love (and Money) Is in the Air: Love (and money) is in the air for sugar mamas and boy toys, reports CNBC.com's Brooke Sopelsa. Subprime Anniversary: Hard To Tell Just Where We Are One year ago HSBC announced its first writedown relating to subprime mortgages and the housing crisis began. The question is now, are the homeowners in need getting help? Diana Olick blogs on the answer. Click here to view posting.

CLIP OF THE WEEK Cramer Interviews NYX's Niederauer: Duncan Niederauer, CEO of NYSE Euronext, discusses what's next for the exchange, with Mad Money's Jim Cramer.

GOOD MORNING, VIETNAM: Darren Rovell checks out Nike in Vietnam, one of many developing countries where the company produces its shoes and apparel. In the past, Nike was criticized for its "sweat shop" practices. Now, despite sometimes impoverished conditions, the company is actually one of the better-regarded corporations when it comes to developing-world work practices. WHO IS BILL ACKMAN? Melissa Lee profiles activist investor Bill Ackman, whose name has become widely associated with the bond insurer mess. How did Bill Ackman become so integral to the bond insurers and want does he want? MOBILE WORLD CONGRESS: GSMA is the world's biggest event for the mobile industry. Call it a mega mobile meeting of the minds where 52,000 are expected to attend to see cutting edge technology and content firsthand. This year it's expected that prototypes running Android (Google's phone format) will be presented as well as the possibility that Blackberry could unveil its new model bringing RIMM into increased competition with Apple for the smartphone marketplace. CNBC Europe's Louisa Bojesen is live from the GSMA. WILL THE SHOW GO ON? Hollywood is scrambling to end the writers' strike as the Academy Awards loom just 2 weeks away. The Writers' Guild has a deal in place, subject to a critical Saturday meeting for union ratification. Julia Boorstin updates the latest news. Will the show go on... finally? STATE OF THE SPRING MARKET: According to the National Association of Realtors, the official spring real estate market begins President's Day Weekend. Diana Olick reveals what the NAR projects for the spring market. Is a turnaround in sight? Portfolio Watchlist Insider Trends Financial Glossary Stock Screeners Fund Screeners Earnings Screeners

To unsubscribe to this email click here If this e-mail was forwarded to you and you would like to subscribe to CNBC.com's News Now mailing, please click here