GAZA/JERUSALEM - Israeli shelling killed at least 15 Palestinians sheltering in a U.N.-run school and another 17 near a street market on Wednesday, Gaza's Health Ministry said, with no ceasefire in sight after more than three weeks of fighting. | Video
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NEW YORK/FRANKFURT - Germany's ZF Friedrichshafen AG is in advanced talks to acquire U.S.-based TRW Automotive Holdings Corp for nearly $12 billion, in a deal that would create an automotive supply powerhouse, according to people familiar with the matter.
BUENOS AIRES/NEW YORK - Argentina faces its second default in more than 12 years after talks with holdout creditors failed on Wednesday.
WASHINGTON - First lady Michelle Obama embraced her family’s African roots in a speech on Wednesday, telling a group of young Africans that the “blood of Africa” runs through her veins as she urged changing traditional beliefs on the worth of educating women.
BENGHAZI/TRIPOLI - Rival Libyan militias fighting for control of Tripoli's airport agreed to a temporary ceasefire on Wednesday to allow firefighters to try to control a huge blaze at a fuel depot hit by a rocket.