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Costco and Family Dollar beat expectations

Family Dollar Stores Inc and Costco Wholesale Corp reported better-than-expected quarterly profits on Wednesday and said sales improved in September from preceding months, sending their shares higher.

Whole grains may help keep blood pressure in check

Eating lots of whole grains could ward off high blood pressure, according to a study in the American Journal of Clinical Nutrition.

Google CEO says worst of ad slump is over

Google Inc Chief Executive Eric Schmidt said on Wednesday that the worst of the advertising recession was over, and pointed to signs of a recovery in both Europe and the United States.

GM says cost-cutting on track; sales chief out

General Motors Co is on track to hit its cost-cutting targets but faces risks as it tries to win back consumers in an uncertain U.S. economy, the automaker said on Wednesday.

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GM says on target with change, but risks remain

General Motors Co is on track to hit the financial restructuring targets set in its U.S. government-sponsored bankruptcy, but still faces risks as it tries to win back consumers in an uncertain U.S. economy, the automaker said on Wednesday.

Oil edges above $71 after EIA report

Oil edged higher above $71 a barrel on Wednesday after the release of U.S. government figures showed crude inventories in the world's largest energy consumer fell last week, boosting the view demand is picking up.

Green group says U.S. climate bill won't hurt farms

Global warming poses more of a threat to U.S. farm incomes than does the climate change bill passed by the U.S. House, which will have a negligible impact on American agriculture's bottom line, an environmental group said on Wednesday

Santander Brasil, Verisk IPOs raise $10 billion

Mammoth IPOs by the Brazilian unit of Spanish bank Banco Santander and U.S. risk specialist Verisk Analytics Inc raised nearly $10 billion on Tuesday, almost twice the amount raised by U.S.-listed IPOs in 2009.

Saudi king in Damascus to mend fences with Assad

Saudi Arabia's King Abdullah flew to Syria on Wednesday for talks with President Bashar al-Assad aimed at healing a rift that has aggravated Arab discord over Iran, the Israeli-Palestinian conflict and Lebanon.

Iran sees U.S. role in researcher's disappearance

Iran accused the United States on Wednesday of involvement in the disappearance of a technology university researcher, Iranian media reported.

Wall Street edges lower ahead of earnings season

Stocks edged lower on Wednesday, as investors awaited proof that corporate earnings will support recent strong gains.

Artisanal crafts reborn from Afghan war's ashes

Ustad Abdul Fattah once made jewelry in Afghanistan's royal studio, developing a lifetime of skills that went to waste in a country plunged into war after the king was toppled in 1973.

Myanmar minister meets detained democracy icon Suu Kyi

Detained pro-democracy icon Aung San Suu Kyi met a high-level official in Myanmar's military-ruled government for a second time in a week following her offer to lobby the West to lift sanctions.

Pakistan army has serious concern on U.S. aid bill

Pakistan's army on Wednesday expressed serious concern about a U.S. aid bill that critics say contains conditions that amount to a humiliating violation of sovereignty as parliament began a debate on the U.S. aid.

Russia: new U.S. anti-missiles less risky

Russia sees a redrafted U.S. anti-missile shield plan as less of a security threat than the previously proposed project, Russian agencies said Wednesday, which should ease tensions between the two powers.

Unemployment Top Economic Political Priority: Pollster

Unemployment is the top U.S. economic political priority, a leading pollster said on Wednesday.

U.S. groups eye second Obama decision on China yuan

U.S. labor and manufacturing groups urged President Barack Obama on Tuesday to live up to his campaign rhetoric and formally label China a currency manipulator in a Treasury Department report due out next week.

Teacup Pigs are increasingly wanted as pets, breeder says

The teacup pigs were featured this morning on NBC's Today Show because of its growing demand from people including from celebrities who want them as their pets.

U.S. lawmakers press Obama on Afghan war strategy

President Barack Obama told congressional leaders on Tuesday his decision on a new Afghan war strategy would not make everyone happy, while Republicans urged him to heed his military commander's call for more troops.

Iran says some countries offer it nuclear fuel

President Mahmoud Ahmadinejad said on Wednesday that some countries had offered to provide Iran with uranium enriched to 20 percent for use as nuclear reactor fuel, the official IRNA news agency reported.

Mexico calls U.S. a stumbling block in U.N. climate talks

The United States came under pressure to show leadership in U.N. climate talks on Wednesday with Mexico saying its neighbor is a stumbling block in efforts to try to craft a tough global climate agreement by December.

Ciena bids $521 million for Nortel ethernet assets

Canada's Nortel Networks said on Wednesday it has agreed to a stalking horse offer from U.S. network specialist Ciena Corp to buy its optical networking and Internet infrastructure businesses for $521 million.

Swiss reject Polanski appeal over arrest

Swiss authorities rejected an appeal on Tuesday to release from jail Roman Polanski, the film director arrested last month after fleeing the United States in 1978 to avoid sentencing in an underage sex case.

Barclays mulls major wealth management deal

British bank Barclays could acquire a wealth management business at least the size of Julius Baer to meet its target of ranking in the top five private banks globally, Barclays Wealth's vice chairman said on Wednesday.

Afghan Taliban say they pose no threat to the West

The Afghan Taliban pose no threat to the West but will continue their fight against occupying foreign forces, they said on Wednesday, the eighth anniversary of the U.S.-led invasion that removed them from power.