The company is laying the groundwork to become the biggest foreign chain in China with the purchase of a major retailer, according to people briefed on the deal.
Parents are irrationally optimistic about their kids' chances for getting scholarships, a new survey by AllianceBernstein Investments shows. As a result, students often have little choice but to borrow to pay tuition bills, burdening themselves with debt levels that college financial aid officers say they would consider too high for their own children.
Overnight, then Senate Majority Leader Howard Baker once said, can be a lifetime in politics. And we have seen that this election cycle already–with the Mark Foley scandal affecting House races around the country. Put that on top of the war in Iraq, questions about the economy, and an unpopular president, and come up with an obvious conclusion: This is not a great time for any Republican to be running for re-election.
AP - President Bush signed legislation Tuesday authorizing tough interrogation of terror suspects and smoothing the way for trials before military commissions, calling it a "vital tool" in the war against terrorism.
AP - North Korea said Tuesday it considered U.N. sanctions aimed at punishing the country for its nuclear test "a declaration of war," as Japan and South Korea reported the communist nation might be preparing a second explosion.
AP - The nation's population officially hit 300 million at 7:46 a.m. EDT Tuesday, when the Census Bureau's population clock rolled over to the big number.
A staggering number of children have been orphaned by AIDS in Africa. In Malawi alone, 900,000 children are parentless. As celebrities such as Madonna and Angelina Jolie have brought attention to the plight, activists have raised questions about legal rights, cultural identity, and fears of child trafficking. The reality is, however, the alternative to adoption is bleak for Africa's orphans.
North Korea may be preparing to conduct a second nuclear test, a U.S. official with access to intelligence information said today. The official says that activity at a second nuclear site in North Korea is looking very similar to activity before a October 9 nuclear test.