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Apple expands buybacks by $30 billion, OKs seven-for-one stock split

SAN FRANCISCO - Apple Inc has approved another $30 billion in share buybacks till the end of 2015 and authorized a rarely seen seven-for-one stock split, addressing calls to share more of its cash hoard while broadening the stock's appeal to individual investors.

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U.S. new home sales hint at prolonged housing weakness

WASHINGTON - Sales of new U.S. single-family homes tumbled to their lowest level in eight months in March, dashing hopes for a quick turnaround for a sector that fell into a soft patch last summer.

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Exclusive: Russia, China block Central African Republic blacklistings at U.N.

UNITED NATIONS - Russia and China have blocked a proposal by the United States and France to impose U.N. sanctions on Central African Republic's former President Francois Bozize and two other people linked to the conflict there, diplomats told Reuters on Wednesday.

Children's corpses reveal desperate attempts to escape Korean ferry

MOKPO/SEOUL - South Korean divers swam though dark, cold waters into a sunken ferry on Wednesday, feeling for children's bodies with their hands in a maze of cabins, corridors and upturned decks as they searched for hundreds of missing. | Video

World, South Korea 12:05pm EDT

Special Report: For private deals, no one is watching the watchdogs

OMAHA, Nebraska - From 2006 to 2009, Provident Asset Management raised $485 million from 7,700 investors who were drawn to its promises of annual returns as high as 18 percent on oil and gas assets. Law firm Mick & Associates helped. Provident paid Mick to provide "due diligence" reports to help brokers decide whether to recommend the investments to their clients.

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Boeing cash register rings again, sending shares higher

- Rising jet production helped Boeing Co generate substantial cash in the latest quarter, and the company said on Wednesday that it lavished the rewards on shareholders, sending its stock higher. | Video

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Kashmiris wary as Modi challenges for power in India

ANANTNAG, India - Mohammad Amin Pandith, a smallholder and father-of-three from Indian-controlled Kashmir, was lured from his home at night by a man in army uniform, dragged along a potholed lane and shot in the back of the head.