• Most Popular
  • Most Shared
A shopper browses the bread section at a Wal-Mart store in Santa Clarita, California April 1, 2008. REUTERS/Mario Anzuoni

The food-stamp economy

On the last day of every month, shoppers at Walmart load their carts with food and household items and wait for the midnight hour. Is this the new normal in America?  Full Article 

Amtrak reports record ridership of 28.7 million

WASHINGTON
Fri Oct 10, 2008 7:28pm EDT

WASHINGTON (Reuters) - Amtrak set a ridership record for the year ended September 30 with 28.7 million passengers, and also reported on Friday that revenue on its flagship line rose more than 14 percent.

U.S.

"Highway and airway congestion, volatile fuel prices and increasing environmental awareness all contributed to Amtrak's successful year," Alex Kummant, Amtrak's president and chief executive said.

Trips on the rail service's high-speed line, the Acela Express between Boston, New York and Washington, were up 6.5 percent.

Overall revenue growth was strongest in the Northeast, Amtrak's busiest region, rising 14.6 percent over last year to $863.4 million. Total revenue at Amtrak was $1.7 billion, up 14 percent over 2007.

Ridership was also up at the railroad's Chicago hub and on its West Coast routes.

(Reporting by John Crawley; Editing by Gary Hill)



More from Reuters

Senate Majority Leader Harry Reid (D-NV) (C) walks with Senator Christopher Dodd (D-CT) (R) and Senator Max Baucus (D-MT) after the U.S. Senate approved President Barack Obama's healthcare overhaul on Capitol Hill in Washington, December 24, 2009.  REUTERS/Jim Young

Reid delivers on healthcare

Party-line Senate vote passes bill that would extend health coverage to tens of millions of uninsured Americans, but it's not law yet.  Full Article 

A security guard walks past cars in a Geely Automobile Holdings Ltd. factory in a Shanghai suburb September 28, 2006.REUTERS/Aly Song

China in auto power play

It might not shake up the industry just yet, but China's interest in Volvo and Saab is the start of something big in global autos.  Commentary | Video