One of Silicon Valley's biggest venture capital firms will invest $200 million into a pandemic and bio-defense fund. The VC fund also invested in Google and Amazon. Helen Palmer looks into whether its latest idea has legs.
In the aftermath of the US invasion of Iraq, looters destroyed the Baghdad stock market. So the operation moved to a dusty hotel's back room. Now the exchange has relocated to a posh new $2 million headquarters in central Baghdad -- with 15-foot barriers to ward off car bomb attacks. Ben Gilbert reports from Baghdad.
The new Fed Chief comes before the House Financial Services Committee today for a report on the state of the Federal Reserve. Eric Niiler reports that the financial markets are going to hang on every word.