Business News Archive - March 10, 2006

WASHINGTON (Reuters) - A group of lawmakers on Friday said an industrial bank owned by Wal-Mart, the world's largest retailer, could threaten the stability of the U.S. financial system and drive community banks out of business.

DETROIT (Reuters) - General Motors Corp. is recalling 805,368 Chevrolet Silverado and GMC Sierra pickup trucks for weak tailgate support cables, the National Highway Traffic Safety Administration said on Friday.

Enron Corp. said on Friday it reached settlements totaling more than $400 million on disputed electricity and natural gas transactions in the western United States from 1997 to 2003.

Word of the Day
  • An uxorious, effeminate, or spiritless man.
  • A timorous, cowardly fellow.
Probably a blend of meek and cock, or from meek +‎ -ock (“diminutive suffix”).