Business News Archive - January 05, 2006
Deep December discounts lured holiday shoppers and pushed sales slightly ahead of modest expectations, top U.S. retailers reported on Thursday, but a disappointing profit forecast from Wal-Mart raised concerns about the vital fourth quarter.
Word of the Day
- Scandinavian punch made of claret and aquavit with spices and raisins and orange peel and sugar.
This word comes from the Swedish 'glogg,' which is an alteration of 'glodgat,' mulled (wine).