IBT Staff Reporter

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Healthier U.S. school meals boost costs: study

Improving nutritional value of U.S. school food programs by increasing servings of fruits, vegetables and whole grains could increase the cost of breakfast by as much as 25 percent and lunch by 9 percent, according to a report released on Tuesday.

Coca-Cola third-quarter sales miss

Coca-Cola Co reported lower-than-expected quarterly revenue, hurt by declines across all its businesses, and said a weak economy would keep consumers under pressure next year, sending shares down 1.5 percent.

July 4 swine flu outbreak shows pattern of virus

More than 100 new cadets at the U.S. Air Force Academy got infected with swine flu at July 4 barbecue and fireworks display but quick isolation measures got it under control within two weeks, researchers reported on Tuesday.

Obama welcomes Karzai runoff decision

U.S. President Barack Obama on Tuesday welcomed Afghanistan President Hamid Karzai's acceptance of a run-off election on November 7, saying it was an important step forward for democracy.

Review confirms AIDS vaccine may have worked

Doctors who surprised the world of AIDS research with a study showing a vaccine prevented some HIV infections released details of their findings on Tuesday and said careful review showed they held up.

Oil company Hess says could seek external funding

U.S. oil major Hess Corp said it could pursue external funding options, such as debt or share issues, if its own cash flows are, as some analysts predict, insufficient to meet the cost of developing its projects.

Battle intensifies as Taliban retake Pakistani town

Taliban militants attacked Pakistani forces and recaptured a strategic town on Tuesday while two suicide bomb blasts at an Islamic university in the capital killed six people and wounded at least 20, officials said.

Groups urge EU to block Oracle's plan to buy Sun

EU regulators should block Oracle Corp's plan to buy open source database MySQL via its takeover of Sun Microsystems Inc as Oracle may hinder MySQL's development, two technology and consumer groups said.

Bank N.Y. Mellon profit ex-items tops expectations

Bank of New York Mellon Corp reported a third-quarter net loss after a charge to restructure its investment portfolio, but earnings excluding one-time items topped expectations and its shares climbed almost 3 percent.

Iran says talks won't curb nuclear drive

Iran's foreign minister said on Tuesday it will never abandon its legal and obvious right to nuclear technology and will not curb uranium enrichment, despite talks the West hopes will lead to restraints on the program.

Karzai agrees to Afghan election runoff

Afghan President Hamid Karzai must face an election run-off against his main rival on November 7, officials said on Tuesday, to resolve a disputed first round that plunged the country into months of political uncertainty.

United Tech results top Wall Street forecasts

Diversified U.S. manufacturer United Technologies Corp reported a 17 percent drop in third-quarter profit, that nonetheless beat Wall Street estimates, as cost-cutting helped offset slumping demand.

Housing starts rise, producer prices decline

New construction of U.S. homes rose less than expected in September as ground-breaking activity for multi-family dwellings fell sharply, highlighting the economy's uneven recovery path.

Babies in cute Halloween costumes (PICTURES)

The variety of Halloween costumes for babies is extensive. Below are featured some costume ideas for a baby pirate, baby flash, baby Chewacca (from Star Wars), baby pumpkin, baby lamb, baby elephant and more.

Honda eyes electric car launch in major markets

The head of Honda Motor Co said he would consider launching electric cars in the United States, Europe and Japan, a sign Japan's No. 2 automaker is changing its strategy for the next generation of fuel-efficient vehicles.

Judge allows Chris Rock Good Hair film to open

Comedian Chris Rock's documentary movie Good Hair can open across the U.S. this week after a judge on Monday ruled against a filmmaker who accused the comedian of stealing her idea for the film.

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