The candy maker says profits over the past three months tumbled 96% compared with last year. The slide comes as Hershey is cooking up ways to fix its milk chocolate business, get into the premium chocolate market, and expand abroad. Jill Barshay reports.

China's government has been trying to put the brakes on its booming economy, but officials announced today that 2nd-quarter GDP grew 11.9% and consumer prices rose 4.4% in June. But they also say it's not necessarily overheated growth, points out Muir Dickey.

The U.S. has promised additional food aid to Zimbabwe as the humanitarian crisis there continues, a move that the country's officials are calling a trick to turn the people against them. But they'll still take the help. Gretchen Wilson reports.

There are trends toward improving air pollution in parts of China, says Financial Times reporter Muir Dickey, but the government of the rapidly industrializing nation has given economic growth top billing for the past 20 years... and it shows.