Nick Lapatas spent 18 years living in Chicago. Then he returned home to Greece and bought a small farm. Today he and his son sell tomatoes in an open-air market in Athens. Despite the depressed economy and cheaper imports from Bulgaria and Albania, he's doing OK.
"I don't know how, but we are making some money," he says. "Now, what is going to happen a month from now, I don't know."
Editor's note: A version of this story was first published Aug. 1, 2014.
When Leanne Brown moved to New York from Canada to earn a master's in food studies at New York University, she couldn't help noticing that Americans on a tight budget were eating a lot of processed foods heavy in carbs.
Originally published on Tue July 28, 2015 12:48 pm
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Android is the most popular mobile operating system on Earth: About 80 percent of smartphones run on it. And, according to mobile security experts at the firm Zimperium, there's a gaping hole in the software — one that would let hackers break into someone's phone and take over, just by knowing the phone's number.
Federal regulators are fining Fiat Chrysler $105 million for failing to acknowledge and address safety defects in a timely fashion.
The civil penalty — the largest ever imposed by the National Highway Traffic Safety Administration — will be accompanied by three years of "unprecedented" federal oversight, the agency says. Fiat Chrysler has also agreed to buy back some vehicles from their owners.
A German auto parts maker has announced plans to build its first U.S. manufacturing plant in Alabama. The Alabama Department of Commerce says Schmidt Maschinenbau GmbH is planning to build its plant in Auburn. Production of engine components is expected to begin in 2016. The plant will make parts for Mercedes-Benz and other German automakers. Governor Robert Bentley says the plant will create fifty jobs and the company is planning to invest roughly $17 million in the plant.
Britain's Pearson PLC — just days after announcing it would sell The Financial Times — has made public that it is engaged in talks to dump its 50 percent stake in The Economist Group.
"Pearson confirms it is in discussions with The Economist Group Board and trustees regarding the potential sale of our 50 percent share in the group," the company said in a statement on Saturday. "There is no certainty that this process will lead to a transaction."
This week the Greek Parliament approved a set of reforms it hopes will lead a new bailout. The country remains under strict capital controls that bar people from sending money abroad. In a country that imports much of what it uses and eats, that's having a debilitating effect on the economy.
As California's drought drags on, its almond industry has come under scrutiny. As you've probably heard by now, almonds use a lot of water — about one gallon per nut. Most growers are relying on groundwater even more this year, because their surface water has been cut off. But that brings a different problem all together: too much salt.
Not the salt added to make roasted almonds savory, but salt in groundwater – which is killing trees.
The Indianapolis-based health insurer Anthem reached an agreement Thursday to pay $54 billion for rival Cigna, based in Bloomfield, Conn. Cigna rejected a lower Anthem bid in June, calling it inadequate.