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The nation's largest toy retailer filed for bankruptcy in September but said it wants to motivate its top brass to turn around sales in the critical holiday shopping season.

A court found former top Chinese official Bo Xilai guilty of corruption after one of the highest-profile political trials of recent years. Media coverage of the earlier court hearings transfixed audiences with details of murder, a love triangle, and lavish official life styles.

Four months after its top-selling 737 Max airliner was grounded worldwide, Boeing announced a 35% drop in revenues and a loss of $2.9 billion in the second quarter.

China banned Senators Marco Rubio and Ted Cruz as well as administration officials from entering China in response to U.S. actions in response to the country's treatment of its Uighur Muslim minority.

Burns said his top priority as spy chief would be a rising China. He received strong bipartisan support in testimony before the Senate Intelligence Committee and was widely expected to be confirmed.

After failing to win a single gold medal across all track events leading into Saturday, the U.S. men's team dominated in the 4x400 meter relay's final heat to the top spot on the podium.

Gasoline prices jumped nearly 10 cents a gallon in the last week, and forecasters say that drivers could see even higher prices as summer approaches. Prices typically rise in anticipation of the summer driving season, but in 2004, it was mid-May before prices topped the $2 mark. This year, $2-a-gallon gas is but a distant reflection in the rearview mirror; it's $3 a gallon we seem to be closing in on.

A Canadian company recently was named whiskey of the year — knocking Scotch brands from the top-five category. In the U.S., there's been a massive increase in single malts in particular.

The carried interest loophole was central to the debate over the Inflation Reduction Act signed by President Biden this week. It's part of a bigger story about a tax code riddled with loopholes.

While the White House instructed Chief of Staff Mick Mulvaney not to comply with a subpoena to testify in the impeachment probe, a transcript was released of a top State Department aid's testimony.