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 hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'karpos', fruit.