It may sound like an oxymoron: a delicious local, winter tomato — especially if you happen to live in a cold climate.
But increasingly, farmers from West Virginia to Maine and through the Midwest are going indoors to produce tomatoes and other veggies in demand during the winter months. "There's a huge increase in greenhouse operations," Harry Klee of the University of Florida tells us.
The explosion in world popularity of quinoa in the past six years has quadrupled prices at retail outlets. But for all the demand from upscale grocery stores in America to keep their bulk bins filled with the ancient grain-like seed, almost no farmers outside of the arid mountains and coastal valleys of Peru, Bolivia, Ecuador, and Chile grow it.
But plant breeders and scientists who study the biology and economics of quinoa say that is about to change.
The Bush-era tax cuts are taking center stage on discussions about deficit reduction. But the payroll tax holiday is also at risk, which could cost the typical family $1,000 a year. Host Michel Martin talks with The Wall Street Journal's Sudeep Reddy about the fiscal cliff and how the outcome could affect consumers.
As the White House and Congress debate how to steer clear of the fiscal cliff, one obstacle is the president's insistence that the wealthy should pay more in taxes. And one way that could happen is through changing the rules for dividends and capital gains.
If you own a share of stock in a company today, when the company pays out a dividend, the most you're taxed is 15 percent. And if you decide to sell the stock and cash out, you'd also pay 15 percent on your profits — the capital gains.
In Britain, Brian Leveson, the judge who has spent eight months probing tabloid news excesses, has just issued his suggestions for reigning in Britain's sometime-rambunctious press. Prime Minister David Cameron ordered the wide-ranging inquiry in the wake of revelations of illegal phone-hacking at the Murdoch-owned News of the World and other newspapers. The victims included actors Hugh Grant and Sienna Miller, as well as the parents of a murdered teenager and other crime victims.
Salad producers haven't succeeded in banishing E. coli and other dangerous microbes from fresh greens, though they've tried hard. As we've reported before, it's a major challenge to both growers and the environment. But one scientist thinks he's making progress – with a spinach spa that zaps bad bugs with ultrasound.
The U.S. economy grew at a 2.7 percent annual rate in the third quarter, the Bureau of Economic Analysis says. That's a sharp upward revision in its estimate of gross domestic product growth from mid-summer into the fall. In its first look at the quarter's GDP, the agency estimated growth at a 2 percent annual rate.
According to BEA, consumer spending, inventory investment, exports and federal spending all contributed to growth from July 1 through Sept. 30.
NPR business news starts with GM investing in China.
General Motors says it's building a $1 billion factory with its joint venture partners in China. It's set to open in 2015 and will be the third GM plant in what is now the world's biggest auto market. The company hopes the plant will eventually produce up to two million vehicles a year. Auto sales in China are expected to hit 20 million this year - about five million more than in the U.S. Transcript provided by NPR, Copyright National Public Radio.
It's MORNING EDITION, from NPR News. I'm David Greene.
RENEE MONTAGNE, HOST:
And I'm Renee Montagne.
The multinational oil firm BP is being taken to account for the massive 2010 spill in the Gulf of Mexico. Yesterday, the Obama administration banned BP from any new contacts with the federal government, citing, quote, "a lack of business integrity" related to the spill - that after BP admitted criminal wrongdoing in its recent settlement with the U.S. Justice Department.