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Business News Archive - September 08, 2005

Disney officially opens its new Hong Kong theme park on Monday, bringing a slice of the Magic Kingdom to the Middle Kingdom with a careful blend of American showmanship and Chinese characteristics.

New research into one of the world's most social bacteria - Myxococcus xanthus, has discovered that it has a gourmet style approach to its consumption of phosphates, which provides a key clue to what makes it the most "social" of bacteria.

Sep. 9--Will Lands' End be sold? The question is kicking up again, with Thursday's announcement of the ouster of Alan Lacy as chief executive of parent company Sears Holdings. It was Lacy who engineered the $1.9 billion purchase of Lands' End by then-Sears, Roebuck & Co. in 2002.

Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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