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Business News Archive - January 26, 2006

General Motors Corp. posted a fourth-quarter net loss of $4.8 billion on Thursday, much worse than Wall Street had expected, amid high costs, shrinking market share and sluggish sales of sport utility vehicles.

By Matt Doyle, Tulsa World, Okla. Jan. 26--From a personal standpoint, this week has already shaped up to be a strenuous one for Sapulpa High School wrestling coach Biff Jones. Jones eagerly awaits Saturday, the day he and his family move into their new house in Kiefer.

Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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