• Hollywood film director John Hughes dies at 59

    Hollywood film director John Hughes dies at 59

    06/08/2009 05:00

    Hollywood film director and writer John Hughes, who made a series of adolescent comedies like “Home Alone” and “The Breakfast Club,” died Thursday of a heart attack in New York City. He was 59. Hughes’ spokeswoman Michelle Bega said he died of a...

  • U.S. official expects Chrysler not to become public company next year

    U.S. official expects Chrysler not to become public company next year

    05/08/2009 05:00

    U.S. President Barack Obama’s top auto adviser Ron Bloom said Wednesday that he believes Chrysler Group LLC would not become a public company until at least 2011. This file photo taken on May 30, 2009 shows the Chrysler headquarters in Michigan,...

  • 1,016 new A/H1N1 cases confirmed in Europe

    1,016 new A/H1N1 cases confirmed in Europe

    05/08/2009 05:00

    A European health agency said Wednesday that 1,016 new A/H1N1 flu cases were reported in European countries within the last 24 hours. A girl wearing a face mask takes a photograph along Whitehall in London, July 30, 2009. The number of H1N1 flu...

  • Two American journalists released by DPRK return home

    Two American journalists released by DPRK return home

    05/08/2009 05:00

    The two female American journalists who had been freed earlier by the Democratic People’s Republic of Korea (DPRK) returned to the United States on Wednesday. Laura Ling (R, Back) and Euna Lee (1st L), two freed U.S. journalists, are embraced by...

  • ADP says US companies decreased payrolls by 371,000

    ADP says US companies decreased payrolls by 371,000

    05/08/2009 05:00

    Job seekers wait to talk to representatives at Michigan’s Unemployment Insurance Agency office on July 1, 2009. Companies in the US cut fewer jobs in July as the worst recession since the Great Depression eased,...

  • Lloyds says bad loan provisions will fall after loss

    Lloyds says bad loan provisions will fall after loss

    05/08/2009 05:00

    Lloyds Banking Group Plc, the UK lender that acquired HBOS Plc in January, said provisions for bad loans will decline “significantly” after it posted a first-half loss of 3.1 billion pounds (US$5.2...

  • China warns global easing threatens severe inflation

    China warns global easing threatens severe inflation

    05/08/2009 05:00

    A sales assistant hangs a sale sign in a store on Oxford Street in London, UK. China’s central bank warned that its counterparts in developed nations face difficult choices as monetary easing threatens to...

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