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The son of a hedge fund founder was arrested on Monday and charged with the murder of his father, who was discovered shot to death in his New York apartment over the weekend, police said.

The United States on Monday stood by plans to halve the number of its troops in Afghanistan this year and reduce them further in 2016 following Afghan President Ashraf Ghani's suggestion that President Barack Obama review his deadline.

Staff reviewers at the U.S. Food and Drug Administration recommended approval of Novartis AG's copy of Amgen Inc's blockbuster cancer drug Neupogen.