Chain Grocers Put a Face on Food (U.S. News & World Report)

U.S. News & World Report - Locally grown produce is in vogue as even the biggest grocers try to appeal to shoppers and save on fuel costs. Among the big names selling homegrown food are Whole Foods Market, Safeway, Tesco, and Wal-Mart. As gas prices remain high and the popularity of local food grows–the number of local farmers markets has more than doubled in the past decade, the Department of Agriculture says–grocers are reviving the old practice of buying from smaller regional farms. Continue

Reuters - Ford Motor Co posted a record $8.7 billion quarterly loss on Thursday as it wrote down the value of slumping truck and SUV operations and revamped plans in a bid to break its reliance on the gas-guzzlers that have been its franchise vehicles for a decade.

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