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
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.