The U.S. and the international community have pledged $16 billion to support Afghan security forces after NATO troops complete their drawdown at the end of 2014. That money covers the cost of troops and equipment.
But just what equipment will be provided? Afghan military officials want big-ticket planes, tanks and other conventional weapons.
The U.S., however, says the Afghans need to get their strategic priorities in order, and focus less on prestige hardware and more on weaponry and equipment suitable for counterinsurgency warfare.
The Justice Department said Tuesday it could seek more than $5 billion in damages from Standard & Poor's, the nation's biggest credit ratings company, a day after it sued the company, alleging that S&P defrauded investors by giving triple-A ratings to risky subprime mortgage investments.
Reg Presley, the founder and lead singer of The Troggs, the rock group best known for the performing the original version of the song "Wild Thing," has died. Presley was 71. He died of lung cancer yesterday at his home in England.
Fifteen years ago, Denis Gagnon bought a company that made a product nobody really liked: hand dryers. But he quickly managed to turn Massachusetts-based Excel Dryer into an innovator with the Xlerator — a high-speed dryer that cut drying time from more than 30 seconds to less than 15.