CIT Group Inc.'s board approved a deal late Sunday with major bondholders to keep the company out of bankruptcy with a $3 billion rescue loan, the New York Times reported.
A senior U.S. diplomat will discuss how to handle an increasingly defiant North Korea in a standoff over its nuclear program when he meets with South Korean officials in a series of meetings Monday.
South Africa launched clinical trials of the first AIDS vaccine created by a developing country Monday, as its own scientists overcame deep skepticism from political leaders who had shocked the world with their unscientific pronouncements about it.
Somewhere along an industrial stretch of river pocked with rotting piers and towering salt piles north of Boston lies the answer to one of the great riddles of the Revolutionary war.
Talks on resolving end Honduras' leadership crisis have ended after negotiators failed to compromise on ousted President Manuel Zelaya's return to power.
Three people were killed in overnight violence in the capital, Madagascar police said Sunday, blaming politicians linked to a government ousted by the military.
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