By MARGIE MASONAP Medical Writer
HANOI, Vietnam (AP) - Tran Minh Giang has spent more than a third of his young life in a Vietnamese hospital, and it could be many months more before he can go home. All for a disease that in Asia is as common as chicken pox, and usually about as severe.
By JEAN-MARIE GODARDAssociated Press
PARIS (AP) - Struggling French carmaker PSA Peugeot-Citroen, facing diving sales in crisis-hit southern Europe, announced a drastic cost-cutting plan Thursday to slash 8,000 jobs in France and close a major factory north of Paris, shocking workers and
By KASIE HUNTAssociated Press
WILSON, Wyo. (AP) - Former Vice President Dick Cheney told Republican fundraisers Thursday night that Mitt Romney is the "only" man who can make the right decisions in unexpected foreign policy crises. The presumptive 2012 Republican presidential nominee called
By BRADLEY KLAPPERAssociated Press
PHNOM PENH, Cambodia (AP) - The Obama administration pressed Beijing on Thursday to accept a code of conduct for resolving territorial disputes in the resource-rich South China Sea, a difficult U.S. mediation effort that has faced resistance from the communist
By YOUKYUNG LEEAP Business Writer
SEOUL, South Korea (AP) - South Korea's central bank unexpectedly lowered its key interest rate on Thursday, urgently attempting to guard Asia's fourth-largest economy against Europe's persistent debt woes and slowing growth in China.
The Bank of
By The Associated Press
DEFICIT NARROWS: The U.S. trade deficit dipped to $48.7 billion in May, a drop of 3.8 percent from the May deficit of $50.6 billion.
EXPORTS AND IMPORTS: Exports rose 0.2 percent to $183.1 billion, the second highest level on record, with stronger sales to the 27-nation
By ANNE D'INNOCENZIOAP Retail Writer
NEW YORK (AP) - Marvin Traub, a merchant prince and former CEO of Bloomingdale's, who transformed the department store chain into an international powerhouse, died at his home in Manhattan on Wednesday. He was 87.
The cause was bladder cancer,
By MAE ANDERSONAP Retail Writer
NEW YORK (AP) - If a gold medal could be awarded for Olympic marketing, Procter & Gamble would surely be striving for it.
With the opening ceremony of the Olympics two weeks away, the world's largest consumer products maker on Wednesday is unveiling an ad
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - A growing number of Federal Reserve officials are open to taking further action to support the struggling U.S. economy. But minutes of the Fed's latest meeting show policymakers at odds over whether the economy needs more help now.
By CHRIS KAHNAP Energy Writer
NEW YORK (AP) - The price of oil rose more than 2 percent Wednesday after the Federal Reserve released a report that signaled it may take further steps to lift the economy.
China also reported strong auto sales for last month, and the U.S. said crude supplies