Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
President Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
Progress on trade talks will determine how far market will move above new highs.Trader Talk with Bob Pisaniread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
The Patriots released Antonio Brown only 11 days after signing the wide receiver.Sportsread more
The Wall Street Journal's report came as a top Ukraine official said President Donald Trump "is looking" for Ukraine officials to investigate business dealings of Biden's son...Politicsread more
Gun maker Colt announced Thursday that it will halt its production of AR-15 rifles for civilian sales, but the news might not be as exciting for gun control advocates as it...Guns and Weaponsread more
As thousands of people across the world participate in the Global Climate Strike, several Democratic presidential candidates have shared how they will take aggressive action...Scienceread more
With "tariff man" President Trump waging a tariff war and Democratic candidates pushing against big international deals, free trade has become politically homeless, writes...2020 Electionsread more
Canadian trade union Unifor said roughly 4,500 of its members have been temporarily laid off because of the GM strike so far.Autosread more
Since the Cambridge Analytica scandal in March 2018, Facebook has suspended tens of thousands of apps stemming from an investigation into its developer ecosystem.Technologyread more
Tesco – the U.K.'s largest retailer by sales – has admitted that it generated 28,500 tons of food waste in the first six months of this year, drawing attention to the huge amount of food thrown away by British supermarkets.
Some two-thirds of Tesco's bagged salads and just over half of its baked goods were wasted, according to the research, which was published on Monday by the supermarket and not-for-profit company Waste and Resources Action Programme (WRAP).
Tesco tracked 25 of its bestselling products from farms to consumers' homes as part of the study, which also revealed that 40 percent of apples were wasted, and a fifth of all bananas were thrown away.
(Read more: Wal-Mart's UK storesparks coupon stampede)
But the 28,500 tons of food waste generated at Tesco's stores and distribution centers is part of a much larger problem, according to WRAP, which estimates that 15 million tons of food and drink is wasted each year across the U.K.
On their own, families generate some 7.2 million tons of this waste each year, WRAP said, and about 4.4 tons of that is avoidable. Tesco estimates that amounts to some £700 per family per year being thrown out with the garbage.
"Food waste is a global issue and collaborative action is essential if we are to successfully reduce food waste and reap the financial and environmental benefits of doing so," Richard Swannell, director of WRAP, said.
(Read more: Tesco losing UK supermarket wars)
Cutting down on the amount of food that is thrown away would not have financial benefits for Britain's households, many of which are struggling with sluggish wage growth combined with rising food prices.
A reduction in food waste would also save local authorities millions of pounds in waste disposal costs, according to WRAP, and deliver significant environmental benefits such as fewer large landfill sites and a reduced burden on natural resources such as water, which is used to produce food.
In an effort to deal with issue, Tesco pledged to remove the "display until" dates on fruit and vegetables and work with producers to identify longer-lasting fresh produce.
It also said it would review its promotions, and would end multi-buy offers of large bags of salad.
"Families are wasting an estimated £700 a year and we want to help them keep that money in their pockets, rather than throwing it in the bin," said Tesco's commercial director of food, Matt Simister.
"We're playing our part too and making changes to our processes and in store…We're working with our suppliers to try to cut waste at all stages of the journey from farm to fork."