UBS to pay $1.5B in fines for rate manipulation

Updated 4:30 a.m. GENEVA Switzerland's UBS AG agreed Wednesday to pay some $1.5 billion in fines to international regulators following a probe into the rigging of a key global interest rate. In admitting to fraud, Switzerland's largest bank became the second bank, after Britain's Barclays PLC, to settle over the rate-rigging scandal. The fine, which will be paid to authorities in the U.S., Britain...

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Guns in Circulation Is Biggest Obstacle, Expert Says

Editor's Note: This post is part of a larger series by ABC News examining the complex legal, political and social issues in the gun control debate. The series is part of ABC's special coverage of the search for solutions in the wake of the tragedy at Sandy Hook Elementary School in Connecticut.The Second Amendment of the Constitution reads: "A well regulated militia, being necessary...

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Gun violence a 'national security issue'

An AR-15 style rifle is for sale at shop in Illinois. Peter Bergen says the founders did not envision weapons of this type while crafting the Second Amendment.STORY HIGHLIGHTSPeter Bergen: Gun violence is sometimes called a public health issue in the U.S.He says it also amounts to a national security issue, taking much larger toll than terrorismCivilians are more likely to get killed in some U.S....

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ASEAN-India commemorative summit to chart future ties

SINGAPORE: The achievements in 20 years of ties between ASEAN and dialogue partner India will be celebrated with a commemorative summit in New Delhi on Thursday.ASEAN leaders and their Indian host, Prime Minister Manmohan Singh, are expected to adopt the "ASEAN-India Vision Statement" charting the future direction of their ties at the summit.India started its Look East policy in 1992 under...

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Watch Dallas Mavericks try to sing

on your computer or on the CNN Apps for iPhone® and iPad®. iPhone, iPad and Mac are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. If you get CNN and HLN at home, you can watch them online and on the go for no additional chargeStart watching ...

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Poll: Half think "cliff" deal possible by year end

By Sarah Dutton, Jennifer De Pinto, Anthony Salvanto and Fred Backus Play VideoBoehner's "fiscal cliff" concessions come with a priceWith the so called "fiscal cliff" deadline looming, only half of Americans think a deal on taxes and spending cuts will be made before the end of the year. Forty-four percent expect time will run out. Democrats (58 percent) are much more optimistic about a deal than...

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Year at helm, Kim Jong Un asserts will

STORY HIGHLIGHTSKim Jong Un has ruled North Korea for one yearHis father, Kim Jong Il died of heart attack on December 17, 2011Younger Kim departs from his father's style, but repression, malnutrition remainSeoul, South Korea (CNN) -- Kim Jong Un cut a somber figure Monday, marking the first anniversary of his father's death. North Korea said Kim Jong Il died of a heart attack from overwork on December...

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India cuts growth rate forecast

NEW DELHI: India on Monday cut its growth forecast for the current fiscal year to just below six percent, putting Asia's third-largest economy on track for its worst annual performance in a decade.The finance ministry said "supportive" moves from the central bank would be needed even for the economy to expand at the revised level of 5.7-to-5.9 percent, down from 7.85 percent estimated...

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NFL Week 15: The best photos

The Jacksonville Jaguars observe a moment of silence to honor the victims of the Connecticut school shooting before their game against the Miami Dolphins at Sun Life Stadium on Sunday, December 16. Check out the action from Week 15 of the NFL and then look back at the best photos from Week ...

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First funerals set for Conn. shooting victims

Nov. 13, 2012 photo provided by the family via The Washington Post shows Noah Pozner, 6 / AP/Family Photo NEWTOWN, Conn. The Connecticut Funeral Directors Association has announced that funerals have been scheduled for seven of the Connecticut school shooting victims. Services for 6-year-olds Noah Pozner and Jack Pinto are being planned for Monday. The funeral for 6-year-old Jessica Rekos...

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