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Business News Archive - June 12, 2006

By Paul Thomasch Mary Junck, the chief executive of Lee Enterprises Inc., which owns 58 newspapers, says it is the smaller ones -- like the Waterloo Courier in Iowa or the Missoulian in Montana -- that perform best.

By Daniel Trotta NEW YORK (Reuters) - As they say in Brooklyn, David Walentas walks around the neighborhood like he owns the place. That's because he does. Well, almost all of it. "The Starbucks isn't mine," says the developer.

By San Antonio Express-News Jun. 13--Officials in Nixon, a town of 2,200 people about 54 miles east of San Antonio, are waiting to hear when the new owner of a mothballed refinery in nearby Wilson County will reopen the plant and how many jobs may be created.

Word of the Day
postliminy
  • In Roman antiquity, the return of a person who had been banished, or taken prisoner by an enemy, to his old condition and former privileges.
  • In international law, that right by virtue of which persons and things taken by an enemy in war are restored to their former status when coming again under the power of the nation to which they belonged.
The word 'postliminy' comes from a Latin word meaning 'threshold'.