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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Australia a Model for Successful Gun Control?

If there is one country that best represents the possibility of cutting gun crime by increasing gun control, it is Australia.In 1996, 28-year-old Martin Bryant finished his lunch in a café in the seaside resort of Port Arthur and pulled out a semi-automatic rifle. In the first 15 seconds of his attack, he killed 12 and wounded 10. In all, he shot more than 50 people in six locations,...

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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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SMRT Alpha appointed to operate retail space at S'pore Sports Hub

SINGAPORE: The Singapore Sports Hub has appointed SMRT Alpha to lease and operate 41,000 square metres of commercial retail space at the Singapore Sports Hub.This new joint venture is a partnership between subsidiaries of SMRT and NTUC FairPrice.The retail mall and waterfront area will feature a variety of indoor and alfresco food and beverage outlets.For shoppers, the mall will offer...

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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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Schools reopening in Newtown

NEWTOWN, Conn. With security stepped up and families still on edge in Newtown, schools are opening for the first time since last week's massacre, bringing a return of familiar routines -- at least, for some -- to a grief-stricken town as it buries 20 of its children. Play VideoHoliday week is full of funerals for Newtown, Conn.Two 6-year-old boys were laid to rest Monday in the first of a long, almost...

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Siblings of Sandy Hook Victims Face Survivor's Guilt

Six-year-old Arielle Pozner was in a classroom at Sandy Hook school when Adam Lanza burst into the school with his rifle and handguns. Her twin brother, Noah, was in a classroom down the hall.Noah Pozner was killed by Lanza, along with 19 other children at the school, and six adults. Arielle and other students' siblings survived."That's going to be incredibly difficult to cope...

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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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Delhi rape highlights chronic women's safety issues in India

NEW DELHI: A weekend trip to the movies for a medical student in her twenties and her male friend ended in horrifying brutality on Sunday night.She was harassed and then gang raped on a moving bus. Her friend tried to intervene but was beaten up with an iron rod. The two were later thrown from the vehicle, semi naked. The woman is now in critical condition in a New Delhi hospital suffering...

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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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