Retailer Sears offers a downbeat outlook
Sears Holdings Corp. offered a downbeat outlook Thursday, predicting that sales and gross profit margins will likely continue to be pressured for the rest of the year.

Audit: China mismanaged $6.7 billion
China's central government misused or mismanaged more than $6.73 billion last year, including using disaster relief money to build government offices , the National Audit Office said .

Marine eyes Iraq to Afghanistan shift
The top U.S. Marine officer said he could reduce his 25,000-strong force in the former al-Qaida stronghold in Iraq to reinforce military operations against a growing Taliban threat in Afghanistan.

Toyota lowers global sales target for 2009
Toyota lowered its global sales target for 2009 by 700,000 vehicles to 9.7 million Thursday, hurt by rising material costs, a slowing U.S. market and soaring gas prices.

Dem convention boosts Denver merchants

Denver merchants are smiling this week as they enjoy a big boost from the business of some 50,000 people attending the Democratic National Convention.

Bill Clinton sets aside differences with Obama

Bill Clinton laid to rest any speculation Wednesday night that he would not enthusiastically back Barack Obama by making a forceful call for voters to elect Obama president.

Obama seeks to woo nation

On the 45th anniversary of Martin Luther King Jr.'s historic "I Have a Dream" speech, Democrat Barack Obama was set to make history Thursday by becoming the first black person to accept a major party's nomination for president.

NYT: New hope 45 years after King's dream

Many veterans of the March on Washington will gather at televisions Thursday night and watch an event they would have considered impossible not just in 1963, but perhaps in 1983, or 1993.

Scoop: Tim Gunn calls Miley Cyrus ‘tarty'

"I don't want her to look like she's going into a convent school, but it's just a little too much for a 15-year-old," the "Project Runway" mentor told OK! magazine about Cyrus' style.