Islamic State video claims to show beheading of U.S. journalist

BAGHDAD - Islamic State militants posted a video that purported to show the beheading of American journalist James Foley in revenge for U.S. air strikes in Iraq, prompting widespread revulsion that could push Western powers into further action against the group. | Video

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Pakistan cleric's supporters attempt to blockade parliament, but MPs escape

ISLAMABAD - Thousands of Pakistani protesters tried to blockade parliament on Wednesday after an anti-government cleric told them not to allow anyone in or out, with Prime Minister Nawaz Sharif inside at the time, but the lawmakers left by a back entrance. | Video

7:28am EDT

Target cuts forecast as it woos back customers with more discounts

- Target Corp cut its full-year earnings forecast as it offers more discounts to attract cash-strapped customers and win over shoppers unnerved by a massive holiday-season data breach.

11:59am EDT

Austria detains nine suspected of wanting to join militants in Syria

VIENNA - Nine people suspected of intending to join Islamic militants fighting the government in Syria have been arrested in Austria, Vienna prosecutors said on Wednesday.

World, Syria 10:58am EDT

Exclusive: Brazil's PSDB party would support Silva in runoff

SAO PAULO - The Brazilian Social Democracy Party (PSDB), the country's biggest opposition group, would formally support environmentalist Marina Silva in a runoff vote for the presidency if its own candidate fails to qualify, a party source told Reuters.

World, Brazil 9:58am EDT