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Obama reverses Bush-era stem cell policy

Federal funding ban on stem cell research liftedMr Obama signed an executive order in a major reversal of US policy, pledging to "vigourously support" new research.
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Drugmakers unite in $41.1 billion deal

Merck, Schering-Lough deal gives companies more firepower in a competitive industry. Full Story | video Video
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AIG rescued by the US Federal Reserve

The US Federal Reserve has announced an $85bn (£48bn) rescue package for AIG. Full Story | video Video
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Obama invites Middle Eastern Leaders

Obama is seeking to restart the Middle East peace process with White House meeting. Full Story | video Video
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UK faces decade of pain

The government must close a £90bn hole to bring the budget into balance. Full Story | video Video

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