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Israel pummels Gaza; Kerry steps up diplomatic push

GAZA/JERUSALEM - Israeli forces pounded Gaza on Wednesday, meeting stiff resistance from Hamas Islamists and sending thousands of residents fleeing, as U.S. Secretary of State John Kerry said on a visit to Israel ceasefire talks had made some progress. | Video

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Iran nuclear talks to resume in early September: state TV

DUBAI - Iran said on Wednesday nuclear talks with six world powers would resume in early September, according to state television, after both sides agreed to continue talking for four more months to try to reach a final agreement on Tehran's nuclear program.

5:54am EDT

Dow Chemical net profit falls 62 percent

- Dow Chemical Co said its second-quarter net profit fell 62 percent from a year earlier, when it received $2.2 billion in damages from Kuwait's state chemical company for pulling out of a petrochemical venture in 2008.

7:23am EDT

South Korea ferry fugitive hid in cabin wall, suitcases of cash at hand

SUNCHEON/INCHEON South Korea - South Korea's most wanted man, whose heavily decomposed body was found in an orchard last month, had evaded arrest by hiding in an upstairs wall of a wooden cabin, with suitcases of cash at hand, prosecutors said on Wednesday.

World, South Korea 5:36am EDT

'Flawless' Thai army ruler would be good PM: junta colleague

BANGKOK - Thai General Prayuth Chan-ocha has run the country flawlessly since he seized power in a military coup in May and would make a good prime minister under a provisional administration to be set up shortly, a junta colleague said on Wednesday.

World, Thailand 3:49am EDT
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U.S. court rulings create new uncertainty over Obamacare

WASHINGTON - Two U.S. judicial panels on Tuesday injected new uncertainty into the future of President Barack Obama's healthcare law, with conflicting rulings over whether the federal government can subsidize health insurance for millions of Americans.

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Young Islamic State robs al Qaeda of militant prestige

DUBAI - In hiding, targeted by drone strikes and unable to land a blow in the West, al Qaeda's ageing leaders are losing a power struggle with ultra-radical young militants in Iraq and Syria who see themselves as the true successors to Osama bin Laden.