The U.K. is more centralized than any other major power. While many in Scotland want to escape London's grip, freedom has its consequences
The most profitable private equity deal in history was badly timed but brilliantly executed
Patrick Campbell, uranium smuggler—or patsy in a Homeland Security sting?
South Korea wants its robotics industry to surpass those in Europe, Japan, and the U.S.
A ruinous Fed policy? Tell that to investors who made a trillion off Treasuries
Designers weigh in on the long-awaited Apple Watch—and wish it weren't another timid rectangle
The $182.5 million deal puts an end to years of legal wrangling
The Whitman School of Management will assign undergrads to "houses" and they'll compete for points
Women make up about 20 percent of both the entrepreneurs and investors involved in angel investment deals, up from single digits a decade ago
By Nick Leiber and John Tozzi
Some dismiss the local food movement as a passing fad. The authors of a new report, Community Food Enterprise: Local Success in a Global Marketplace, disagree. They argue that locally owned businesses, whether they are small or big, or whether their focus is local or global markets, are thriving—and are more critical to an economy's well-being than most economic developers appreciate. The report offers 24 case studies of community food enterprises with a variety of business models that were capable of achieving a positive cash flow. It purposely does not include nonprofit projects that, by design, are perpetually dependent on grants and government subsidies. The report's authors were interested only in self-financing businesses, whether for-profit or nonprofit, that could plausibly expand local economies through the marketplace. For snapshots of each of the Community Food Enterprise's case studies, flip through this slide show.