Sen. Dodd unveils reform plan

Sen. Christopher Dodd, chairman of the Senate Banking Committee unveiled a sweeping financial reform plan that goes beyond earlier proposals

Exhibit turns spotlight on sex trade

Academy Award-winning actress Emma Thompson unveils an art exhibition in New York that highlights human trafficking.

Hero medal for Kalashnikov's 90th

The Russian designer of the AK-47 assault rifle Mikhail Kalashnikov has been honoured at the Kremlin in a ceremony to celebrate his 90th birthday.

Car bomb explodes in Pakistani town

Pakistani Taliban militants vow to fight a tough, protracted guerrilla war against the army as a suicide car-bomber killed up to 20 people in a nor...   more Pakistani Taliban militants vow to fight a tough, protracted guerrilla war against the army as a suicide car-bomber killed up to 20 people in a northwestern town.   less

Business Update: AIG on mend

American International Group is on the mend and could repay billions owed to American taxpayers, ratings agency Moody's said in a note.