The U.S. local food movement -- which used to be elite, expensive and mostly coastal -- has gone mainstream, with a boost from environmentalists who reckon that eating what grows nearby cuts down on global warming.
Altria Group Inc, parent of the Philip Morris tobacco companies, posted quarterly profit that beat Wall Street estimates, helped by higher prices in the United States and the weaker dollar.
A pickup in energy prices helped drive consumer prices ahead at the sharpest rate in four months during September, according to a government report on Wednesday that was likely to keep the Federal Reserve wary about inflation.
Mortgage applications rose for a second straight week, largely reflecting a rise in demand for home purchase loans as interest rates held steady, an industry group said on Wednesday.
Two out of three Americans expect home prices to stay the same or drop in the next year, according to a Reuters/Zogby poll released on Wednesday that suggests the battered housing market has further to fall.
JPMorgan Chase & Co Inc said on Wednesday third-quarter net income rose 2.3 percent despite $1.64 billion in write-downs on leveraged loans and collateralized debt obligations.
Turkey's parliament was poised on Wednesday to grant its army permission to enter northern Iraq to crush Kurdish separatist rebels based there, but Iraqi leaders stepped up a diplomatic offensive to avert any attack.
Former Vice President Al Gore has ruled out joining the U.S. presidential race after winning the Nobel Peace Prize for his work fighting climate change.
Stock futures rose on Wednesday as a rush of stronger-than-expected profits from such blue chips as Intel, United Technologies and JPMorgan Chase reassured investors about the earnings outlook.
The yen retreated from early gains on Wednesday and higher yielding currencies recovered as rising stocks signaled a slight return to risk appetite, prompting investors to move back into the carry trade.
Oil prices dipped on Wednesday as traders took profits from the previous session's rally to a new record high above $88 a barrel.
Air France-KLM and Delta Air Lines Inc announced plans on Wednesday to team up on routes linking major U.S. cities and London's Heathrow airport in a challenge to rival British Airways Plc. The joint venture aims to take advantage of the Open Skies pact set to liberalize transatlantic rules next year, and will be implemented in April 2008.
Iraq urged Turkey on Tuesday not to launch a major attack on Kurdish separatists in northern Iraq after Prime Minister Tayyip Erdogan said Ankara would strike the rebels when the timing and conditions were right.
Wells Fargo & Co and other U.S. regional banks on Tuesday reported disappointing third-quarter results, hurt by mounting losses from mortgages and other loans as the U.S. housing market slumps.Earnings fell short of analysts' forecasts at Wells Fargo, Regions Financial Corp and KeyCorp U.S. Bancorp's results topped forecasts, though profit fell. All four banks said loan losses rose.
Libya, Vietnam and Burkina Faso were elected to nonpermanent seats on the United Nations Security Council for the years 2008-09 on Tuesday.
Stocks fell on Tuesday as high oil prices raised concern about the impact of oil prices on the economy's outlook and disappointing bank earnings fueled caution about profit growth.
Microsoft told a South Korean court it wants to drop its appeal against a landmark antitrust ruling by the Korean Fair Trade Commission (KFTC), and the government agency said on Tuesday it was studying the decision.
China's CITIC Bank Corp Ltd is bidding for a stake in Bear Stearns Cos, a senior Chinese regulator said, in the first official confirmation of media reports that the state-run bank was a potential suitor for the smallest of Wall Street's five big independent brokerages.
Harry Potter might have waved his wand and cast a spell, but author J.K. Rowling sat down and cheerfully signed 1,600 books for schoolkids on Monday as she launched her first U.S. book tour in seven years.
Patients on the U.S. government's Medicare plan could have saved $15 billion in 2007 a report says, striking up a political debate.
Major U.S. telephone carriers refused to answer questions from the Democratic-led Congress about their possible participation in President George W. Bush's warrantless domestic spying program, according to documents released by lawmakers on Monday.
Current, the television network backed by Nobel Peace Prize winner Al Gore, is embarking on a new Internet strategy to enlist viewers in submitting video and commentary to create broadcast TV news.
