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Business News Archive - September 01, 2005

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Armin Schoenfelder would love to buy a television set that is ready for high definition broadcasts but the German engineer wants to spend no more than 900 euros, while the sets start at twice his budget.

Sep. 1--Nationwide won't renew nearly 40,000 homeowners-insurance policies and about 12,000 commercial-insurance policies in Florida starting March 1, the company said yesterday.

Word of the Day
cenobite
  • One of a religious order living in a convent or in community; a monk: opposed to anchoret or hermit (one who lives in solitude).
  • A social bee.
This word comes from the Latin 'coenobium,' convent, which comes from the Greek 'koinobios,' living in community.
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