Speeding, driver error may be blamed for bus plunge in China

A bus crash in northeastern China that killed 10 South Koreans and the Chinese driver might have been caused by high speed and driver error, according to officials on Friday and CCTV footage of the scene.   The vehicle carrying ...

[Newsmaker] U.S., Cuba declare end of hostility

WASHINGTON ― After more than a half century of hostility, the United States and Cuba declared Wednesday they will reopen embassies in each other’s capitals this month, marking a historic full restoration of diplomatic relations ...

US employers add 223K jobs; jobless rate falls to 5.3 pct.

U.S. employers added a solid 223,000 jobs in June, and the unemployment rate fell to 5.3 percent, a seven-year low. The numbers reflect a job market moving close to full health and raise expectations that the Federal Reserve will ...

Greece becomes first developed country to default on IMF

Cash-strapped Greece missed a 1.5 billion euro ($1.7 billion) payment to the International Monetary Fund on Tuesday as last-ditch efforts to find a compromise with official EU lenders came to naught.  The missed payment made Gre...