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Turkey to let Iraqi Kurds reinforce Kobani as U.S. drops arms to defenders

ANKARA/BEIRUT - Turkey said on Monday it would allow Iraqi Kurdish fighters to reinforce fellow Kurds in the Syrian town of Kobani on Turkey's border, and the United States air-dropped arms to help the Kurds there resist an Islamic State assault. | Video

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AbbVie says $55 billion acquisition of Shire officially dead

- U.S. drugmaker AbbVie Inc said on Monday it has reached agreement with Shire Plc to officially call off its proposed $55 billion purchase of the Irish company, and will pay Shire a $1.64 billion breakup fee for walking away from the deal.

6:21pm EDT

Banks should defer bonuses 10 years, tap them for fines: Fed official

- Banks should defer bonus payments for 10 years and tap the bonus pool to pay any regulatory fines, a top Federal Reserve official said on Monday, taking aim at continued lapses across the industry even after the 2007-9 financial crisis.

6:07pm EDT

Indiana police charge suspect who may have killed for decades

HAMMOND Ind. - A convicted sex offender suspected of murdering at least seven women and leaving the bodies in abandoned houses in northwest Indiana may be a serial killer who has killed others in the state as far back as 20 years ago, local police said on Monday.

6:46pm EDT

Brazil election poll shows Rousseff gains ground against Neves

BRASILIA - President Dilma Rousseff has gained some ground, but remains locked in a fierce battle for votes with rival Aecio Neves ahead of the Oct. 26 runoff to Brazil's presidential election, a new poll showed on Monday.

6:22pm EDT

Al Qaeda attacks kill at least 33 people in Yemen

SANAA - At least 33 people were killed in a suicide bombing and gun attacks in central Yemen, tribal sources and medics said on Monday, as al Qaeda fighters seized a Yemeni city in a new challenge to the central government.