US Morning Headlines: Drone future: Eyes in the sky, Reaction positive to ...

To view this email as a webpage, click here     Wednesday October 09 2013     US homepage   Drone future: Eyes in the sky   The opening of US air space to drones has the potential to create a $12bn industry but has also sparked public fears about privacy       Reaction positive to Yellen's appointment     Collateral crunch looms as T-bill yields leap     Walmart to buy out India partner     Alcoa boss calls default risk a 'giant Taser'         Video   Defence's hidden side   What do a UK-based fisheries consultancy and Malaysia's first astronaut have in common? Their origins lie in big global arms deals. Defence correspondent Carola Hoyos explores the opaque world of offsets, set to become a half-trillion dollar industry.   Markets   Yellen pick for Fed helps salve US woes   US debt default fears only partially ameliorated after White House confirms Janet Yellen as its choice to head the Federal Reserve       Stress tests must prompt debt revamp     Record hedge fund inflows come at a price     'Dr Copper' says world economy to recover     Housebuilders gain on falling FTSE   World News   Obama to nominate Yellen as Fed chair   Janet Yellen will become the first woman to hold the most powerful job in central banking, after officials said she will be nominated as Fed chair       Tea Party unmoved by US default threat     Soaring US drone market under fire     Maduro seeks to rule Venezuela by decree     IMF tells nations to raise their game   US news   Drones enjoy powerful political backing   The proliferation of unmanned defence systems has given rise to a powerful political force – the drone lobby       Piracy fight taken into US kindergartens     Obama steps up pressure on Republicans     Sugar daddy shutdown     Prosecutors give SAC settlement ultimatum   US & Canadian companies   Q&A: What are offsets?   Defence groups find offset agreements important in winning international business, even though they are unrelated to their day-to-day business       Goldman Sachs' arm buys 50% of Hastings     Yum shares hit as earnings plunge 68%     Icahn springs on to Nuance board     Banks take Amazon approach to research         Manage email    Forward this email   Feedback    Manage portfolio Subscribe to the FT Follow the FT   Unsubscribe | My Account | RSS | Privacy Policy | About Us | Help   © THE FINANCIAL TIMES LTD 2013 You have received this email because you have signed up from the NBE preference page. This email was sent by a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723.