Your Wednesday news...
-The United States and the European Union told Iran on Tuesday they were ready to impose more sanctions over its nuclear enrichment program. But President George W. Bush acknowledged the limits of U.S. influence over Tehran and, in the twilight of his presidency, appeared resigned to leaving the standoff to his successor.
-Thousands of demonstrators rallied last night in Seoul in the latest protest sparked by anger over US beef imports into South Korea. Protesters demanded the resignation of President Lee Myung-bak.
-French banking giant BNP Paribas has agreed to buy the hedge fund trading and financing unit of Bank of America for approximately $300 million.
-Whether it's Salmonella in tomatoes or E. coli-tainted spinach, outbreaks of food-borne illness are scaring people away from some foods and shaking their confidence in U.S. food safety procedures.
