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Business News Archive - August 01, 2006

WASHINGTON, Aug. 1 /PRNewswire/ -- The U.S. Postal Service (USPS) and FedEx Express, a subsidiary of FedEx Corp., have agreed to a new contract for domestic air transportation of postal express shipments.

Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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