Business News Archive - June 14, 2006

By Thomas Content, Milwaukee Journal Sentinel Jun. 14--WPS Resources Corp. (WPS) of Green Bay said it plans to sell a coal-fired power plant in Pennsylvania for $30.4 million. The sale will generate $12 million in cash tax benefits that WPS expects to realize over the next one to four years.

By Ernesto Portillo Jr., The Arizona Daily Star, Tucson Jun. 14--It was a Sunday morning, I remember, when I walked into the old KGUN television studio on North Sixth Avenue near East Grant Road.

By Andrew Hammond RIYADH (Reuters) - The stock market rose. The stock market fell. But Migbil al-Anezi was only concerned about the lack of water and electricity in his shanty Nadhim district on the outskirts of Saudi Arabia's capital Riyadh.

WASHINGTON (Reuters) - Ford Motor Co. is making faster-than-expected progress in reducing its hourly work force as part of a restructuring, a senior company official said on Wednesday.

Despite a reputation for big spending and lots of available cash, fewer Americans shop just for the fun of it than do consumers in the Asia-Pacific region, according to a new online survey to be released on Thursday.

Word of the Day
  • The act of burning, scorching, or heating to dryness; the state or being thus heated or dried.
  • In medicine, cauterization.
The word 'adustion' comes from the Latin 'adustio', 'burning'.